Velocity Financial, Inc. Class Action Alert: Wolf Haldenstein Adler Freeman & Herz LLP Investigates Velocity Financial, Inc. for Potential Violations of the Federal Securities Laws
Velocity Financial, Inc. (VEL)
Company Research
Source: GlobeNewswire
NEW YORK, April 27, 2020 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential violations of the federal securities laws by Velocity Financial, Inc. (“Velocity” or “the Company”) (NYSE: VEL). All investors who purchased American Depositary Shares (“ADSs”) of Velocity Financial, Inc. and incurred losses are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. On or about January 22, 2020, Velocity sold 7,250,000 shares of stock in its initial public stock offering (the “IPO”), at $13.00 a share raising $94,250,000 in new capital. However, since the IPO, Velocity stock has declined substantially. On April 24, 2020, the stock closed at $3.09. Specifically, our investigation seeks to determine whether the Company's filings with the United States Securities and Exchange Commission (SEC) in connection with its January 2020 IPO and subsequent investor communications contained untrue statements of ma
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VEL
Earnings
- 11/7/24 - In-Line
VEL
Analyst Actions
- 11/12/24 - BTIG
VEL
Sec Filings
- 12/16/24 - Form EFFECT
- 12/13/24 - Form 8-K
- 12/13/24 - Form 424B5
- VEL's page on the SEC website