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Investigation announced for NASDAQ: COOP Investors over possible Wrongdoing at Mr. Cooper Group Inc.

04-13-2021 01:26 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Mr. Cooper Group Inc. (NASDAQ: COOP) shares over potential wrongdoing.

An investigation on behalf of investors in Mr. Cooper Group Inc. (NASDAQ: COOP) shares over potential wrongdoing.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Mr. Cooper Group Inc.

Investors who purchased shares of Mr. Cooper Group Inc. (NASDAQ: COOP) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Mr. Cooper Group directors breached their fiduciary duties and caused damage to the company and its shareholders.

Coppell, TX based Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related to single-family residences in the United States. Mr. Cooper Group Inc. reported that its annual Total Revenue rose from $2 billion in 2019 to over $2.73 billion in 2020, and that its Net Income increased from $274 million in 2019 to $305 million in 2020.

Shares of Mr. Cooper Group Inc. (NASDAQ: COOP) grew from $5.65 per share on April 6, 2020, to as high as $37.91 per share in March 2021.

On April 9, 2021, NASDAQ: COOP shares closed at $32.54 per share.

Those who purchased shares of Mr. Cooper Group Inc. (NASDAQ: COOP), have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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