A securities class action has been filed against UWM Holdings Corporation (“UWM” or the “Company”) and certain of its officers on behalf of investors who purchased or otherwise acquired UWM securities between March 9, 2026 and August 5, 2026, inclusive (the “Class Period”).
UWM common stock trades on the New York Stock Exchange under the ticker symbol UWMC.
What Does the UWM Holdings Class Action Allege?
The action, Bond v. UWM Holdings Corporation, et al., Case No. 2:26-cv-12862-BRM-APP, was filed on August 13, 2026, in the United States District Court for the Eastern District of Michigan.
Throughout the Class Period, the defendants allegedly made materially false or misleading statements and failed to disclose material adverse facts concerning UWM’s business, operations, and prospects.
Specifically, the complaint alleges that the defendants failed to disclose that:
- UWM had deviated from its traditional strategy of not hedging its mortgage servicing rights by taking a major hedge position;
- UWM had over-hedged itself in anticipation of its proposed transaction with Two Harbors Investment Corp.;
- UWM’s purported efforts to balance its risk had instead created excess hedging risk; and
- As a result, the defendants’ positive statements concerning UWM’s business, operations, and prospects were materially misleading or lacked a reasonable basis.
The complaint further alleges that, after the market closed on August 5, 2026, UWM reported second-quarter 2026 financial results that included a $603.2 million interest-rate-derivatives loss, which contributed to a $451.9 million quarterly net loss.
According to the complaint, UWM’s CEO stated during an August 6, 2026 earnings call that the Company had been “over-hedged” in connection with the anticipated Two Harbors transaction.
The complaint alleges that UWM shares subsequently declined $0.64, or 34.78%, closing at $1.20 per share on August 6, 2026, on unusually heavy trading volume.
Review the UWM Holdings securities class action complaint.
UWM Investors: Contact Kehoe Law Firm
Investors who purchased or otherwise acquired UWM securities during the Class Period and suffered financial losses may complete Kehoe Law Firm’s confidential Stockholder Information Request Form or contact Michael Yarnoff, Esq., for a free, no-obligation evaluation of potential legal claims:
UWM investors who wish to seek appointment as lead plaintiff have until October 13, 2026 to move the Court. An investor’s ability to share in any potential recovery does not depend on serving as lead plaintiff.
Michael Yarnoff, Esq.
(215) 792-6676, Ext. 804
[email protected]
[email protected]
About Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action law firm representing investors and consumers in matters involving securities fraud, corporate misconduct, mergers and acquisitions, antitrust violations, whistleblower claims, data breaches, consumer fraud, employment law violations, and retirement-plan mismanagement. Its attorneys have served as lead or co-lead counsel in major securities cases, recovering more than $10 billion for institutional and individual investors.
There is no cost or obligation to speak with the firm, and there are no upfront fees or litigation costs. We handle class action matters on a contingency-fee basis. Any attorneys’ fees or expenses sought in connection with a recovery are subject to court approval.
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