June 14, 2024

Roberto Verthelyi v. PennyMac Mortgage Investment Trust et al

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Case overview

Case Number:

2:24-cv-05028

Court:

California Central

Nature of Suit:

Stockholders Suits

Multi Party Litigation:

Class Action

Judge:

Michael W. Fitzgerald

Firms

Companies

Sectors & Industries:

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Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.

Coverage

  1. June 17, 2024

    PennyMac 'Shocked' Investors With Post-Libor Fix, Suit Says

    PennyMac's mortgage investment arm has been hit in California federal court with a proposed class action accusing it of using last year's discontinuation of Libor to unfairly and unlawfully lock in a lower dividend for some of its preferred stock, stiffing investors out of millions.

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