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UWMC Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in UWM Holdings Securities Lawsuit - Contact SueWallSt

SueWallSt.com

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SueWallSt.com

Sep 03, 2026, 10:07 ET

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A securities class action contrasts UWM Holdings' March 9, 2026 forecast of $3.5 billion to $4.5 billion in fiscal 2026 revenue with a second quarter that produced a $451.9 million net loss, alleging investors were never told the Company had taken an over-hedged mortgage servicing rights position.

NEW YORK, Sept. 3, 2026 /PRNewswire/ -- SueWallSt notifies investors in UWM Holdings Corporation (NYSE: UWMC) that a class action has been filed on behalf of shareholders who purchased securities between March 9, 2026 and August 5, 2026. Find out if you could qualify to recover your per-share losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.

UWMC closed at a Class Period high of $4.04 on March 10, 2026. Following the second quarter disclosures, shares fell $0.64, or 34.78%, to close at $1.20 on August 6, 2026. The last day to move for lead plaintiff is October 13, 2026.

The Promise

On March 9, 2026, ahead of the Two Harbors Investment Corp. stockholder vote on a $1.3 billion all-stock merger, the Company projected total revenue between $800 million and $900 million for the first quarter of 2026 and between $3.5 billion and $4.5 billion for fiscal 2026, and told investors those figures held "even without the Two Harbors transaction." The Company projected strength from a $49.6 billion fourth-quarter 2025 origination volume, an 81% pullthrough rate, and roughly 12% of all refinances.

The Reality

Results revealed something different. On August 5, 2026, the Company reported a $603.2 million interest rate derivatives loss, a $451.9 million second-quarter net loss, and a 43.6% year-over-year decline in total equity. The complaint alleges shareholders were not told that the Company had departed from its stated "natural hedge" model and taken an outsized mortgage servicing rights hedge tied to a deal that never closed.

Promise vs. Actual: By the Numbers

  • Promised: fiscal 2026 revenue of $3.5 billion to $4.5 billion, described as achievable without Two Harbors
  • Actual: a $451.9 million net loss for the second quarter of 2026
  • Promised: origination-driven "natural hedge" offsetting servicing rights valuation swings
  • Actual: a $603.2 million reported loss on interest rate derivatives
  • Promised: balance sheet strength alongside record origination volume
  • Actual: total equity down 43.6% year over year
  • The gap demonstrates, as the lawsuit contends, a risk profile investors were allegedly never given the chance to price

"Companies that make specific revenue projections have an obligation to disclose known risks to those projections, and the complaint alleges UWM's forecast omitted an outsized hedging position tied to a transaction that ultimately collapsed. Shareholders who purchased during the Class Period may wish to review their options." -- Joseph E. Levi, Esq.

Submit your information here or call (888) SueWallSt.

WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

Frequently Asked Questions About the UWMC Lawsuit

Q: What specific misstatements does the UWMC lawsuit allege? A: The complaint alleges UWM Holdings Corporation made materially false or misleading statements regarding its mortgage servicing rights hedging strategy and its fiscal 2026 revenue outlook during the Class Period. When the Company reported a $603.2 million interest rate derivatives loss and management described the Company as "over-hedged" in connection with the Two Harbors transaction, the stock price declined sharply.

Q: How much did UWMC stock drop? A: Shares fell approximately 34.78%, a decline of $0.64 per share, to close at $1.20 on August 6, 2026. Investors who purchased shares during the Class Period at artificially inflated prices and suffered losses may be eligible to seek compensation.

Q: Who are the defendants named in the UWMC lawsuit? A: The complaint names UWM Holdings Corporation and individual defendants including senior executives who signed SEC filings, made public statements, or certified financial disclosures under Sarbanes-Oxley.

Q: What do UWMC investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible as an absent class member.

Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.

Q: What if I already sold my UWMC shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the Class Period and sold at a loss may still be eligible to participate.

Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in the securities class action, they are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.

Q: How long will the lawsuit take to resolve? A: Securities class actions typically take two to four years from initial filing to resolution. Timing depends on the court schedule, case developments, and whether the matter is dismissed, settled, or litigated further.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (888) SueWallSt
Fax: (212) 363-7171

Attorney Advertising. Prior results do not guarantee similar outcomes.

SOURCE SueWallSt.com

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