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MarketScreener Homepage  >  Equities  >  Nyse  >  Nationstar Mortgage Holdings Inc    NSM

NATIONSTAR MORTGAGE HOLDINGS INC (NSM)
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Levi & Korsinsky, LLP Notifies Investors of an Investigation Concerning Whether the Sale of Nationstar Mortgage Holdings Inc. to WMIH Corp. is Fair to Shareholders – NSM

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02/13/2018 | 04:24pm CEST

The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Nationstar Mortgage Holdings Inc. (“Nationstar” or the “Company”) (NYSE: NSM) stock prior to February 13, 2018.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Nationstar to WMIH Corp. (NASDAQ: WMIH). Under the terms of the agreement, Nationstar shareholders may elect to receive $18 in cash or 12.7793 shares of WMIH common stock for each share of Nationstar they own. To learn more about the action and your rights, go to:

http://www.zlk.com/mna/nationstar-mortgage-holdings-inc

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The investigation concerns whether the Board of Nationstar breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether WMIH Corp. is underpaying for Nationstar shares, thus unlawfully harming Nationstar shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.


© Business Wire 2018
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Managers
NameTitle
Jesse K. Bray Chairman, President & Chief Executive Officer
Anthony L. Ebers Chief Operating Officer & Executive Vice President
Amar R. Patel Chief Financial Officer & Executive Vice President
Sridhar Sharma Chief Information Officer & Executive VP
Robert H. Gidel Independent Director
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