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Stock impact report

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Velocity Financial, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

Velocity Financial, Inc. (VEL) 
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Velocity Financial, Inc. (“Velocity” or “the Company”) (NYSE: VEL) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Velocity commenced its initial public offering (“IPO”) on January 17, 2020, offering 7,250,000 shares for $13.00 per share. The Company’s share price has sharply declined since the IPO, falling as low as $2.47 per share, an 81% drop from the IPO price.If you are a shareholder who suffered a loss, click here to participate.We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallf Show less Read more
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