Shareholder Alert: Robbins LLP is Investigating the Officers and Directors of Velocity Financial, Inc. (VEL) on Behalf of Shareholders
Velocity Financial, Inc. (VEL)
Company Research
Source: Business Wire
SAN DIEGO & WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Shareholder rights law firm Robbins LLP informs shareholders that it is investigating Velocity Financial, Inc. (NYSE: VEL) for potential material misstatements and violations of federal securities laws pursuant to its January 2020 initial public offering ("IPO"). Velocity offered 7,250,000 shares at $13 per share and raised $100.7 million in gross proceeds. Since its IPO, Velocity's stock has precipitously declined and by April 17, 2020, shares of Velocity closed at only $3.10 per share, representing a staggering decline of approximately 76% from its IPO share price.If you purchased shares of Velocity stock in its January 2020 IPO at $13 per share, click here.Velocity Financial, Inc. (VEL) Shareholders Have Legal OptionsContact us to learn more:Leo Kandinov(800) 350-6003LKandinov@robbinsllp.comShareholder Information FormRobbins LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and
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VEL
News
- Velocity Financial Inc (VEL) Q3 2024 Earnings Call Highlights: Record Origination Volumes and ... [Yahoo! Finance]Yahoo! Finance
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- Plunge in Mortgage Rates Spurs Refinancing Surge - Consider PFSI, VEL, GHLD [Yahoo! Finance]Yahoo! Finance
- Zacks Industry Outlook Highlights Velocity Financial, Onity Group and PennyMac Financial Services [Yahoo! Finance]Yahoo! Finance
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