LoanDepot's $3.5M Deal Nears OK Despite Claim It's 'Paltry'

By Dorothy Atkins · January 8, 2024, 9:34 PM EST

A California federal judge on Friday preliminarily approved LoanDepot's $3.5 million deal to resolve a proposed class action alleging it misled investors leading up to the company's initial public offering, despite...

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Documents

Order

Case Information

Case Title

Eljon Lako v. Loandepot, Inc. et al

Case Number

Court

California Central

Nature of Suit

Securities/Commodities

Date Filed

September 03, 2021

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