#United States #New York #Class Action #Securities Laws #Rock Holdings

RKT INVESTOR ALERT: Class Action Lawsuit Opportunity for Rock Holdings Investors

In a significant legal development, Bronstein, Gewirtz & Grossman, LLC, a well-known law firm, has alerted investors of Rock Holdings, Inc. (RHI) about the initiation of a class action lawsuit. This action primarily affects those who have incurred considerable financial losses in their investments in Rock Holdings.

Overview of the Lawsuit

The lawsuit serves to address alleged violations of federal securities laws committed by Rock Holdings and its officers. Specifically, it encompasses individuals and entities that purchased or acquired Rocket Companies, Inc. Class A common stock from February 25, 2021, to May 5, 2021. Investors during this timeframe are strongly encouraged to join the movement by visiting the firm’s dedicated website at bgandg.com/RKT.

The core of the allegation centers on a significant transaction executed on March 29, 2021, during which Rock Holdings sold approximately 20,200,000 shares of its Class A common stock at $24.75 per unit, resulting in total proceeds of nearly $500 million. The lawsuit claims that while this considerable sale occurred, several investors were left unaware of critical, non-public negative information that could have influenced their purchasing decisions, leading to subsequent financial damages.

What Should Investors Do Next?

As part of this ongoing case, interested investors must be informed that the class action has already been filed. For those wishing to review the complaint or learn about the details, they can access the information at bgandg.com/RKT or directly contact Peretz Bronstein or Nathan Miller from the law firm at 332-239-2660. Importantly, investors affected by these losses must act quickly, as the deadline to request appointment as lead plaintiff is set for July 8, 2025. However, it is crucial to note that being appointed as lead plaintiff is not a requirement to receive any potential financial recovery from the lawsuit.

No Financial Risk for Investors

An essential aspect of this class action is that it will function on a contingency fee basis. This means that the law firm will only recoup their out-of-pocket expenses and legal fees from the court if they achieve a successful outcome in the case. For investors, this arrangement reduces any financial burden, allowing them to participate without any upfront costs.

About Bronstein, Gewirtz & Grossman, LLC

Bronstein, Gewirtz & Grossman, LLC is recognized nationally for their expertise in representing investors facing securities fraud and similar cases. The firm highlights a robust history of securing recoveries totaling hundreds of millions of dollars for investors across the nation. Their dedication to advocating for investors’ rights positions them as a reliable ally in the fight against corporate misconduct.

For real-time updates regarding the case, interested parties can follow the firm on their social media platforms, including LinkedIn, X (formerly Twitter), Facebook, or Instagram.

In summary, investors of Rock Holdings, Inc. with financial losses during the specified period have a unique opportunity to join a class action lawsuit aimed at seeking justice and potential compensation. By acting promptly, investors can participate in asserting their claims against what they believe to be serious infractions of securities laws by Rock Holdings.