Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Law Offices of Howard G. Smith Announces Investigation on Behalf of Investors of Walter Investment Management Corp.

Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of purchasers of the securities of Walter Investment Management Corp. (“Walter” or the “Company”) (NYSE:WAC) concerning possible violations of federal securities laws. The investigation focuses on the Company’s operations and financial condition between May 9, 2012 and June 6, 2013.

Walter, together with its subsidiaries, provides business services, including non-prime and non-conforming mortgage asset solutions, to the residential mortgage industry in the United States. The investigation concerns allegations that the Company misled investors regarding the integrity of its financial reporting, including the reporting of expenses associated with certain financing transactions, and the liabilities of its recent acquisition of Reverse Mortgage Solutions, Inc. (“RMS”), a mortgage company with a business model similar to Walter Investment. The investigation further seeks to determine whether the Company lacked adequate internal controls over financial accounting or failed to disclose material weaknesses in the internal controls of RMS, and whether the Company had overstated the value of the RMS acquisition.

If you purchased Walter shares, if you have information or would like to learn more about these claims, or if you purchased Walter shares prior to May 9, 2012 and have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.