Mr. Cooper Group (COOP) Securities Class Action Lawsuit Investigation

Shamis & Gentile P.A., a law firm that advocates for investors who are victims of securities fraud, is investigating potential claims against Mr. Cooper Group Inc.

If you held Mr. Cooper Group securities that converted into Rocket Companies Class A shares and suffered losses, you may be eligible to join this securities investigation and seek compensation.

About Mr. Cooper Group

Mr. Cooper Group was one of the largest companies in the U.S. mortgage servicing and origination industry. In 2025, Mr. Cooper Group entered into a high-profile merger agreement to be acquired by Rocket Companies.

Potential Concerns Under Investigation

Attorneys are reviewing whether Mr. Cooper Group and its executives made misleading statements or failed to disclose material information related to the merger and subsequent market events.

On March 31, 2025, Mr. Cooper Group and Rocket Companies jointly announced a $9.4 billion merger involving an exchange of 11 shares of Rocket stock plus $2 in cash for each Mr. Cooper share. In press releases and SEC filings, the companies highlighted $100 million in new revenue, $400 million in cost synergies, and what they described as an “end-to-end homeownership experience.”

Lawyers are examining whether these claims were supported by factual data or if executives were aware that the projected benefits were unrealistic.

The Form S-4 registration statement (filed April 29, 2025) and proxy statement (filed July 31, 2025) allegedly presented generic risk factors and did not mention any ongoing antitrust or regulatory concerns. The investigation will review whether these filings omitted material information, including potential agreements or communications that could raise competitive issues.

On September 30, 2025, the Federal Trade Commission (FTC) filed an antitrust lawsuit against Zillow and Redfin, a Rocket subsidiary, alleging a $100 million agreement that restricted competition in the rental-listings market. The next day, multiple state attorneys general filed similar complaints. Following these disclosures, Rocket’s Class A stock, which Mr. Cooper shareholders received through the merger, fell 10 to 14 percent following October 1, 2025, resulting in significant shareholder losses.

Throughout early 2025, Mr. Cooper Group executives allegedly described company performance as “consistent, recurring, and predictable” and said the business was “firing on all cylinders” in preparation for the Rocket merger. Lawyers are investigating whether these optimistic statements accurately reflected the Company’s financial condition and regulatory exposure.

Your Rights and Next Steps

This is an active investigation into whether Mr. Cooper Group and related parties may have violated federal securities laws or failed to disclose material information to shareholders. If lawyers find sufficient evidence of potential misconduct, the investigation could lead to a class action lawsuit on behalf of affected investors.

Investors who purchased or held Mr. Cooper Group securities during the class period and experienced losses may have the right to participate in any future class action. Participating in the investigation does not obligate investors to join a lawsuit, but it helps ensure their rights are protected if a class action is filed.

Lawyers are ready to help investors understand their options, gather relevant documentation, and prepare for any legal steps that may follow. Investors are encouraged to act promptly, as securities investigations and class action claims are often subject to strict deadlines.

You May Be Entitled to Compensation

Investors who received Rocket Companies Class A shares through the Mr. Cooper Group merger and suffered financial losses following the FTC and state antitrust disclosures may be eligible to join this investigation and seek compensation. Securities investigations are time-sensitive, and prompt action can help preserve investor rights.

To learn more and find out if you qualify, complete the form below to join the investigation.