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Rosen Law Firm Encourages PennyMac Financial Services, Inc. Investors to Inquire About Securities Class Action Investigation
The firm says PennyMac may have misled investors about servicing income and refinance capacity before shares fell 33.3%, according to a January SEC filing.
On Monday, the Rosen Law Firm announced an investigation into PennyMac Financial Services, Inc. regarding potential securities claims after the company allegedly issued misleading business information to investors.
PennyMac's stock dropped 33.3% to $99.92 on January 30, 2026, following a January 29, 2026 Form 8-K disclosure revealing servicing segment pretax income fell to $37.3 million from $157.4 million the prior quarter.
Allegations center on whether PennyMac misrepresented its ability to retain customers refinancing mortgages, a process known as "recapture," as competition intensified and interest rates declined.
The firm is preparing a class action seeking recovery of investor losses and encourages shareholders who invested in PennyMac to submit information via the firm's website.
Bleichmar Fonti & Auld LLP also announced an investigation into PennyMac, creating parallel legal inquiries into whether the company misrepresented its financial prospects to investors.