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Bob, What kind of account is this information shown in? I Was with Scottrade and I just looked at a cash account and mine only show 2-25 2018, the day that TD Ameritrade took over. Is your account originally with TD Ameriatrade and is it an IRA or a Roth? It is interesting because my K's and P's were activated with the new Cuspis # in June of 2015. I suspect the failed merger had a lot to do with it. 2015 was when this merger was planned on taking place IMO.
FOOD FOR THOUGHT, MORE FOOD FOR THOUGHT, A WHOLE TRUCK LOAD OF FOOD FOR THOUGHT.....THANKS LODAS
Simpson, Great post, perhaps they have or will send out a letter or email to customer that have mortgages and ask them to evaluate it for some freebie.
"whether they asked their 7600 employees to rate it 5 stars or they paid some agency to find people for them to do so." Naw, they wouldn't do that! lol
Royal Dude, For sure, someone is receiving Billions!
Matt, Was a request for redaction filed to your knowledge?
A transcript of the proceeding held on 10/12/2016 was filed on 10/14/2016 . The following deadlines apply:
The parties have 7 days to file with the court a
Notice of Intent to Request Redaction
of this transcript. The
deadline for filing a
request for redaction
is 11/4/2016 .
If a request for redaction is filed, the redacted transcript is due 11/14/2016 .
Mr. Uncle Bo,
"Reading through the S4, "Background of the merger" beginning on page 94 - initially KKR wanted Fortress completely out. Meaning, they offered them 100% cash, but Fortress said "Wait a minute, what if we want some equity ?" They then agreed that Fortress must take at least 50% in cash election for their holdings,"
I was unaware of this uncle bo, perhaps KKR didn't want Fortress/ SoftBank to have a blocking position or be in a position to force KKR into a defensive position in the future. Anyway, thanks for bringing this up, I shall ruminate on this for a few days.
Ya, it certainly is greed, I guess I'll have to jump in in the next few days a pick up some easy shares, but I'm not selling.
"shades of the .61 cent redux happening so close to the june 29th shareholders is telling"
Nearly as telling as this ad on our front page. [
WMIH News: (NSM) Merger Voting Alert: Johnson Fistel Investigates Proposed Sale of Nationstar Mortgage Holdings Inc.; Is the Deal in the...
Who is trying to scare who lodas? Quite a lead in....lol
Nothing but a bunch of two bit ambulance chasers. They will be laughed out of Court.
Print
May 29, 2018 21:00 ET | Source: Rigrodsky & Long, P.A.
WILMINGTON, Del., May 29, 2018 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A.:
Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District Court for the Northern District of Texas on behalf of holders of Nationstar Mortgage Holdings Inc. (“Nationstar”) (NYSE:NSM) common stock in connection with the proposed acquisition of Nationstar by WMIH Corp. and its affiliate (“WMIH”) announced on February 13, 2018 (the “Complaint”). The Complaint, which alleges violations of the Securities Exchange Act of 1934 against Nationstar, its Board of Directors (the “Board”), and WMIH, is captioned Franchi v. Nationstar Mortgage Holdings Inc., Case No. 3:18-cv-01170 (N.D. Tex.).
If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff’s counsel, Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220, Wilmington, DE 19801, by telephone at (888) 969-4242, by e-mail at info@rl-legal.com, or at http://rigrodskylong.com/contact-us/.
On February 12, 2018, Nationstar entered into an agreement and plan of merger (the “Merger Agreement”) with WMIH. Pursuant to the terms of the Merger Agreement, shareholders of Nationstar will receive either $18.00 in cash or 12.7793 shares of WMIH common stock for each share of Nationstar stock they own (the “Proposed Transaction”).
Among other things, the Complaint alleges that, in an attempt to secure shareholder support for the Proposed Transaction, defendants issued materially incomplete disclosures in a Form S-4 Registration Statement (the “Registration Statement”) filed with the United States Securities and Exchange Commission. The Complaint alleges that the Registration Statement omits material information with respect to, among other things, Nationstar’s and the combined company’s financial projections, the analyses performed by Nationstar’s financial advisors, and potential conflicts of interest. The Complaint seeks injunctive and equitable relief and damages on behalf of holders of Nationstar common stock.
If you wish to serve as lead plaintiff, you must move the Court no later than July 30, 2018. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Any member of the proposed class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware, Garden City, New York, and San Francisco, California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
Attorney advertising. Prior results do not guarantee a similar outcome.
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
Words are important....
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
If you wish to be credible post the link please.
"By the way, around July, the old employees will have to settle their claims or the Walrat court will close down and will not hear their claims anmore. This is per an SEC filing a few months ago and it is not speculation."
Thankfully I'm hard of hearing and naturally filter out the loud speakers that are on constant reverb. Im ready for some new tunes as the loud noise from a few is getting really old. Damn those cheap speakers are really sorry.
Matt,
what did you have for breakfast cause I want some. That's some eye opening information you are bringing forth. Nearly 25,000 documents filed, sure hard to keep thing in perspective as to what's actually important at this late date. Great Job.
Mr. Royal Dude, You are for sure the "DOT" man. Connecting them through dates is damn fun.
My, Oh my, oh my, you have asked that questions several times, You obviously didn't pay attention to Missy.
Matt,
I don't know the answer that was given, but I'm sure anxious to know what was said. If no one chimes in, do you have a link to the transcript you might be willing to post?
boarddork, Does a smart guy not shave,shower, brush his teeth, put on clean underwear and a smart costume before going to a major event? I think the 17 bonds are in the shower prepping for the big event. lol
Mr. Royal Dude, Is that not the same date or close to it as the prior offering you just recently posted? Are the dots connected?
JWW, Finally an intelligent post with meaningful information. Uncle Bo's reference makes it perfectly clear. Thank you.
Fred you are much nicer than I am. I believe in the direct approach .i.e. face to face. I'll wait and see how you fair in your attempt to wrangle information out of Kosturos. I would send it by registered mail with a copy to THJMW. He has has no heat applied to him since he was on the witness stand. You may very well start a fire under his ass that can't easily be put out. How he became our Trustee with his lack of real experience is freaking beyond me.
How about a link to that law Jerry, That a big statement you made, back it up please. And the 5% of 299B is a rather far fetched number according to Parker. There is a number I have in mind and it is miles from your number....Course I've only been invested since 3-2009 and have read thousands of filings. you've got a long way to go to catch up don't you think. Start posting links to your "facts" ,huh?
Hotmeat, you might want to modify your statement as it is incorrect. I get your point, however WMIH owns Patents, and other entities as per POR 7.
"WMIH owns no assets other than the ~$600M in cash and the NOLS."
Mr. Royal Dude, $173,638,778,550 Billion Dollars is an odd amount to raise and begs the question, why such an odd amount and all the way down down to $50 dollars? Obviously there was some very serious accounting going on.
Are the original European investors of WMI/WMIH serviced through Euroclear and Clearstream?
I read enough of the Prospectus to know that I would never be an investor in this convoluted non asset backed offering. This Prospectus is one scary offering that includes detailed information should they file Bankruptcy....You will have lost your ass.
It will be interesting to see how this prospectus unfolds as there are hundreds of blank spaces.
I do appreciate your keeping up with the flow of possible dollars that might be associated with our Escrow Shares.
K's were cancelled, explain why they would not receive FJR for the past 9-10 yrs
I find it quite hard to believe that the K's, should they be paid off , not receive at least a minimum of FJR. How is it fair for the Piers to collect 13% and the K's receive 0%.
Royal Dude, that didn't take but a moment to vote all accounts, Sure beat sending in ballots huh?
Uncle Bo, Playing with numbers often reveals the truth or something very close to it.
May he Rest in Peace.
AZ,
This always had more meaning than many ever considered... No vote, no release needed, slam,bam,thank you Ma'am. It appears a quick transfer of funds and it's over for Class 17. I'm happy for you that you studied these bonds and hope you make killing. Your studied when others were discussing vegetables and stirring the soup. lol
Spit T
“will have deemed to have release upon receipt of their distribution”,
katekir1234, I believe that you and jerrylev must be followed by the same 5 astute investors. I'm a gambling man and I lay 10 to 1 odds.
Great insight, huh?
*
Mr. RoyalDude, Perhaps we will see movement and an 8K on or shortly after June 29th I suspect it has to do with Tony Ebers, COO of NationStar and his connection to Indy Mac/ One West Bank West.
During the financial crisis of 2007–2008, Mnuchin bought failed residential lender IndyMac. He changed the name to One West Bank and rebuilt the bank, then sold it to CIT Group in 2015.
Ebers, who came to Nationstar in 2015 from Black Knight’s ServiceLink, brings more than two decades of industry experience to his new role. And though he’s spent time with major players like OneWest Bank, IndyMac, and more, according to Ebers, the opportunity to affect change has never been bigger.
Wow...Ebers surly learned something from this. lol
https://www.prnewswire.com/news-releases/fidelity-national-financial-inc-announces-tax-free-plan-to-distribute-shares-of-black-knight-financial-services-common-stock-and-redeem-and-exchange-shares-of-fnfv-tracking-stock-following-distributions-fnf-will-revert-to-a-co-300374250.html
And then we have this:
In yet another step toward its initiatives to simplify operations and become a regional commercial banking institution, CIT Group Inc. CIT inked a deal to sell Financial Freedom and the reverse mortgage portfolio to an undisclosed buyer. The transaction will enable the company to exit reverse mortgage operations.
Financial Freedom became part of CIT Group when the latter acquired OneWest Bank in August 2015. The unit has been part of the company’s discontinued operation since then.
Transaction Details
The deal comprises sale of mortgage servicing rights and nearly $900 million worth of reverse mortgage whole loans (including other real estate loans) as of Jun 30, 2017. The financial terms of the transaction were not revealed.
CIT Group expected the deal, still subject to regulatory and investors approval, to close by mid-2018.
Oh, now who was the buyer. lol
inportlandd, Your post brings back the real truth of the plan from 2006 forward. Subs were moved to Delaware in 2006-2007 and the rest is history. Assets can be hidden,but they just don't disappear in to thin air. Thanks so much for the recap as it makes me smile knowing I'm still in the game.
Oh, I thought that at one time it would be through a KKCLLC's entity.
Mr. Royal Dude,
Then, you believe it will be a check in the mail and not going into the brokers accounts? If so, Happy days are here again.
Another Employee's appeal.
Mr. Royal Dude, How do you see that actually happening? If it is publicly available information as to what backs the shares...heck yes, I'm good with that.
Goodietime, The correct answer is, one is smart and the other one isn't!
Yanik, Heart felt and nicely stated. Best of luck to you.
Mr. Simpson, The applause at the end of the meeting sounded like 3 or 4 people, Perhaps Jay was one of them. lol
IMO there were very few people in attendance and there were few questions from the audience. He was calm because there was no perceived animosity from the attendees.
Hey Zoom,
As a farmer that has seen many droughts I can assure you that even a weed that doesn't get water will wither and die.
Sid Caoperta, Farmers Almanac
How do you classify and categorize your entertainment, other than prolific? I'm sure several of us would like to know so we can process it properly. Oh, by the way, how's the weather over there?