May 9, 2024

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Scott+Scott Attorneys at Law LLP Announces Investigation of Mr. Cooper Group Inc.s Administrators and Officers for Breach of Fiduciary Duties COOP

Scott+Scott Lawyers at Law LLP (“Scott+Scott”), an international securities and customer legal rights litigation agency, is investigating no matter whether specified directors and officers of Mr. Cooper Group Inc. (“Mr. Cooper”) (NASDAQ: COOP) breached their fiduciary responsibilities to Mr. Cooper and its shareholders. If you are a Mr. Cooper shareholder, you may well make contact with legal professional Joe Pettigrew for supplemental details toll-totally free at 844-818-6982 or [email protected].

Scott+Scott is investigating irrespective of whether Mr. Cooper’s Board of Administrators or senior administration unsuccessful to manage Mr. Cooper in an acceptable fashion, in breach of their fiduciary responsibilities to Mr. Cooper, and whether Mr. Cooper has suffered damages as a final result.

On April 24, 2018, the Consumer Economical Safety Bureau (the “CFPB”) notified Nationstar Mortgage loan Holdings Inc. (“Nationstar”), the predecessor to Mr. Cooper, of an investigation into Nationstar’s mortgage loan techniques from 2012-2015 under many federal statutes. On December 8, 2020, the CFPB, in collaboration with 50 state lawyers typical and 53 condition house loan regulators, announced a $91 million greenback settlement with Mr. Cooper to solve the investigation.

What You Can Do

If you were being a Nationstar shareholder and keep on being a Mr. Cooper shareholder, you may perhaps have legal promises in opposition to Mr. Cooper’s administrators and officers. If you wish to explore this investigation, or have queries about this detect or your lawful rights, make sure you make contact with attorney Joe Pettigrew toll-free at 844-818-6982 or [email protected].

About Scott+Scott

Scott+Scott has sizeable expertise in prosecuting significant securities, antitrust, and consumer rights steps all over the United States. The firm signifies pension funds, foundations, individuals, and other entities around the globe with places of work in New York, London, Amsterdam, Connecticut, California, and Ohio.

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Contacts

Joe Pettigrew

Scott+Scott Lawyers at Law LLP

230 Park Avenue, 17th Ground, New York, NY 10169

844-818-6982

[email protected]