9th Circ. Backs Approval Of LoanDepot Investor Settlement - Law360


9th Circ. Backs Approval Of LoanDepot Investor Settlement - Law360

By Sydney Price ( August 19, 2025, 8:54 PM EDT) -- The Ninth Circuit has dismissed a challenge brought by a LoanDepot shareholder to a $3.5 million settlement ending a lawsuit that accused the company of misleading investors ahead of its initial public offering, saying the district court applied proper scrutiny when approving the settlement last year....

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