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PennyMac under scrutiny as stock drops 33% post-earnings
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PennyMac under scrutiny as stock drops 33% post-earnings
A national shareholder rights law firm has launched an investigation into PennyMac Financial Services Inc. over potential violations of federal securities laws. Glancy Prongay Wolke & Rotter LLP, which represents investors and consumers in securities litigation, said the probe follows PennyMac’s Jan. 29 release of fourth-quarter and full-year 2025 results, which showed revenue of $538 million and earnings of $1.96 per share, both of which were b…
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