July 15, 2013
/PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Walter Investment Management Corp. ("Walter Investment" or the "Company") (NYSE: WAC).
The investigation focuses on whether Walter Investment and certain of its executives and/or directors violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
March 18, 2013
, the Company announced that it had material weaknesses in its internal controls concerning its financial reporting. Then on
June 7, 2013
, the Company revealed that it would be restating certain historical financial information concerning Reverse Mortgage Solutions Inc., a mortgage lender it had acquired in 2012.
Following this news, Walter Investment shares fell to close at
per share on
June 7, 2013
, well below its
February 19, 2013
Request more information now by clicking here: www.faruqilaw.com/WAC. There is no cost or obligation to you.
If you invested in Walter Investment stock or options and would like to discuss your legal rights, visit
. You can also contact us by calling
toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to
. Faruqi & Faruqi, LLP also encourages anyone with information regarding Walter Investment's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
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Telephone: (877) 247-4292 or (212) 983-9330