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Business

Kaplan Fox Alerts Investors of UWM Holdings Corporation (NYSE: UWMC) to an Ongoing Investigation of Possible Securities Law Violations

Financial Post ·

NEW YORK, Aug. 13, 2026 (GLOBE NEWSWIRE) — Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against UWM Holdings Corporation (“UWM Holdings” or the “Company”) (NYSE: UWMC).

If you are a UWM Holdings investor and have suffered losses, or if you have information that could assist in the UWM Holdings investigation, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (212) 329-8571.

On August 5, 2026, after the close of trading, UWM Holdings issued a press release titled “UWM Holdings Corporation Announces Second Quarter 2026 Results” and reported a “net loss of $451.9 million and adjusted EBITDA of $185.9 million,” “a $2.05 billion equity capital investment by Oaktree Capital Management and SFS Group Capital, LLC, a newly formed investment vehicle wholly owned by the Ishbia family,” and that “the Company’s Board of Directors determined to suspend its quarterly dividend.”

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During the subsequent earnings call, the Chief Executive Officer (“CEO”) stated that “we were over-hedged, if you think of it that way, protecting against the Two Harbors transaction.” The CEO further stated that “[w]e don’t traditionally hedge our MSRs [Mortgage Servicing Rights]” but “when you’re going through and acquiring a company like Two Harbors and a massive MSR book . . . it created a little more risk. So [] we did put a hedge on to protect against that risk and then a lot of things happen[ed] . . . and then obviously, the Two Harbors transaction went away. And so a confluence of events that created a hedge loss.”

Following this news, the price of UWM Holdings stock declined from a closing price on August 5, 2026 of $1.84 per share to close at $1.20 per share on August 6, 2026, a decline of $0.64 per share, or by 34.78%, on heavier than average volume.

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation’s premier plaintiffs’ securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America —the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors , and a $475 million settlement in In re Merrill Lynch .

Read the full article on Financial Post ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on financialpost.com — the content belongs to Financial Post.

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