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Glancy Binkow & Goldberg LLP Announces Investigation On Behalf Of Shareholders Of Walter Investment Management Corp.

Stocks in this article: WAC

Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of shareholders of Walter Investment Management Corp. (“Walter Investment” or the “Company”) (NYSE:WAC) concerning possible breaches of fiduciary duties by the Company or its fiduciaries. Walter Investment provides business services to the residential mortgage industry and specializes in offering structured solutions to owners of sub-prime, non-conforming and other credit-challenged mortgage assets.

Please contact us at (212) 682-5340, toll-free at (888) 773-9224, or at shareholders@glancylaw.com to discuss this matter. If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

The investigation is related to allegations that the Company misled investors regarding the integrity of its financial reporting, including the reporting of expenses associated with certain financing transactions, and the liabilities of its recent acquisition of Reverse Mortgage Solutions, Inc., a mortgage company with a business model similar to Walter Investment.

If you purchased Walter Investment shares and still hold those shares, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, by telephone at (310) 201-9150, Toll Free at (888) 773-9224, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Copyright Business Wire 2010

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