SproutNews logo

EQUITY ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Nationstar Mortgage Holdings Inc. to WMIH Corp. is Fair to Shareholders – NSM

NEW YORK, NY / ACCESSWIRE / February 28, 2018 / 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. (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.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 491207

Go Top