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Mortgage Co. Hit With Shareholder Suit Over Lackluster IPO

By Katryna Perera (March 14, 2022, 10:06 PM EDT) -- Mortgage company loanDepot Inc. was hit with a derivative shareholder suit — the latest in a line of suits against it — in Delaware federal court on Friday over claims the company's executives and directors made false and misleading statements in connection with the company's 2021 initial public offering....

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