Lead Plaintiff Asks Judge To Approve $2.95M Settlement Against Mortgage Banker

Mealey's (July 17, 2018, 9:26 AM EDT) -- PHILADELPHIA — The lead plaintiff in a securities class action lawsuit against a mortgage banking firm and several of its executive officers asked a federal judge on July 13 to grant preliminary approval of a $2.95 million settlement in the action, arguing that the proposed settlement meets all statutory requirements for settlement (Courtney Elkin v. Walter Investment Management Group, et al., No. 17-2025, E.D. Pa.)....