Filed November 23 in Delaware Chancery Court, the shareholder lawsuit accused Rock Holding Inc. of selling more than 20 million shares based on inside information.
A spokesperson for Rock Holding called the claim “false and preposterous.”
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
Estimated reading time: 0 minutes, 24 seconds
Pension Fund Drops Lawsuit Against Dan Gilbert
The board of the Detroit Police and Fire Pension Fund has said that it will withdraw an insider-trading lawsuit against Dan Gilbert, controlling stakeholder of Rocket Mortgage and Quicken Loans parent Rocket Companies. So reports The Detroit News.
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