June 14, 2024

Roberto Verthelyi v. PennyMac Mortgage Investment Trust et al

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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:

View recent docket activity

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

Coverage

  1. February 27, 2025

    PennyMac Can't Avoid Investors' Suit Over Post-Libor Rate

    A California federal judge has ruled PennyMac's mortgage investment arm must face a suit accusing it of using last year's discontinuation of Libor to unlawfully lock in a lower dividend for some of its preferred stock, saying the plaintiffs have adequately pled that the company violated the LIBOR Act when it issued dividends at a fixed rate.

1 other articles on this case. View all »

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