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If you purchased a significant amount of shares of this company you have certain options and for certain investors are short and strict deadlines running. Investors should contact the Shareholders Foundation, Inc.
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To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Lawsuit Overview
<p align= justify >According to a law firm press release, a new class action complaint was filed against Opteum, Inc. for violations of Securities Act of 1933 and the Securities Exchange Act of 1934.</p> <p align= justify >Specifically, the complaint charges that Opteum, Inc., numerous individual officer and directors, Flagstone Securities, LLC and BB&T Capital Markets violated sections 11 & 15 of the 1933 Act and sections 10b & 20 of the 1934 Act in connection with the defendants’ IPO, secondary offering and thereafter during the Class Period. Defendants allegedly published a materially false and misleading Registration Statement and Proxy-Prospectus in connection with each of the Offerings, and during the Class Period Defendants published a series of materially false and misleading statements that the individual Defendants knew and/or recklessly disregarded were materially false and misleading when published.</p>
<p align= justify >Opteum, Inc. operates as a real estate investment trust (REIT). It invests primarily in residential mortgage-related securities (MBS) issued by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, and the Government National Mortgage Association.</p>