New York, New York--(Newsfile Corp. - August 24, 2026) - Kaplan Fox &amp; Kilsheimer LLP announces that a class action lawsuit has been filed against UWM Holdings Corporation (&#34;UWM Holdings&#34; or the

<p>New York, New York--(Newsfile Corp. - August 24, 2026) - <a href="https://api.newsfilecorp.com/redirect/qp5RLfMpax">Kaplan Fox &#38; Kilsheimer LLP</a> announces that a class action lawsuit has been filed against UWM Holdings Corporation ("UWM Holdings" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/UWMC">UWMC</a>) on behalf of investors that purchased or otherwise acquired UWM Holdings securities between March 9, 2026 and August 5, 2026 (the "Class Period").</p><p style="text-align: center;"><a href="https://api.newsfilecorp.com/redirect/nompkUjLyg">CLICK HERE TO JOIN THE CASE</a></p><p><b>If you are an investor in UWM Holdings and have suffered losses, you may </b><a href="https://api.newsfilecorp.com/redirect/KLzobT3qwN"><b>CLICK HERE</b></a><b> to contact us. You may also contact Kaplan Fox by emailing </b><a href="mailto:jcampisi@kaplanfox.com"><b>jcampisi@kaplanfox.com</b></a><b> or by calling (212) 329-8571.</b></p><p><b>DEADLINE REMINDER: </b>If you are a member of the proposed Class, you may move the court <u><b>no later than October 13, 2026</b></u> to serve as a lead plaintiff for the purported class.  If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.</p><p>The Complaint alleges that on "August 5, 2026, after the market closed, UWM reported second quarter fiscal year 2026 financial results, including a $603.2 million interest rate derivatives loss which contributed to a $451.9 million second-quarter net loss. Total equity also fell 43.6% year over year, reflecting the net loss and derivative-related charges." "Then, on August 6, 2026, at 10:30 AM EDT, the Company held an earnings call in connection with its second quarter 2026 financial results. During that call, Chief Executive Officer Mathew Ishbia ('Ishbia') disclosed 'We were over-hedged, if you think of it that way, protecting against the Two Harbors transaction.' Ishbia further stated '[w]e don't traditionally hedge our MSRs [Mortgage Servicing Rights]' but 'when you're going through and acquiring a company like Two Harbors and a massive MSR book&#8230; it created a little more risk. So . . . we did put a hedge on to protect against that risk and then a lot of things happen[ed]&#8230;and then obviously, the Two Harbors transaction went away. And so a confluence of events that created a hedge loss.'" On "this news, shares of UWM Holdings fell $0.64 or 34.78% to close at $1.20 on August 6, 2026, on unusually heavy trading volume."</p><p>The Complaint further alleges that "Defendants failed to disclose to investors that: (1) the Company had deviated from its traditional strategy of not hedging its mortgage servicing rights to take a major hedge position; (2) the Company over-hedged itself in anticipation of the Two Harbors transaction; (3) the Company's purported efforts to balance its risk in fact created an excess hedging risk; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis."</p><p><b>WHY CONTACT KAPLAN FOX?</b></p><p>Kaplan Fox &#38; Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.</p><p>Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in <i>In re Bank of America</i>-the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act-$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in <i>ATRS v. Allianz Global Investors</i>, and a $475 million settlement in <i>In re Merrill Lynch</i>.</p><p>For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.</p><p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.</p><p>If you have any questions about this Notice, your rights, or your interests, please contact:</p><div id="contactInfo"><p><b>CONTACT:</b><br />Jeffrey P. Campisi<br /><a href="https://api.newsfilecorp.com/redirect/EZqQbTvD21">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />800 Third Avenue, 38th Floor<br />New York, New York 10022<br />(212) 329-8571<br /><a href="mailto:jcampisi@kaplanfox.com">jcampisi@kaplanfox.com</a></p><p>Laurence D. King<br /><a href="https://api.newsfilecorp.com/redirect/xEpDYfVqak">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />1999 Harrison Street, Suite 1501<br />Oakland, California 94612<br />(415) 772-4704<br /><a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a></p></div><p>Contacting or submitting information to Kaplan Fox &#38; Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.</p><p><a href="https://api.newsfilecorp.com/redirect/7nkqpfPKeR">https://www.kaplanfox.com/case/uwm-holdings-corporation-investigation-learn-more-now/</a></p><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/12532/311112_ae0b430c7422ea16_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/ejrkVTQEzb">https://www.newsfilecorp.com/release/311112</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/311112/197" alt="" /></p>

UWMC

Kaplan Fox Encourages UWM Holdings Corporation (UWMC) Investors with Losses to Contact the Firm Before October 13, 2026

UWMC faces class-action over hedging losses following Q2 results

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>New York, New York--(Newsfile Corp. - August 24, 2026) - Kaplan Fox &amp;amp; Kilsheimer LLP announces that a class action lawsuit has been filed against UWM Holdings Corporation (&amp;#34;UWM Holdings&amp;#34; or the</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Kaplan Fox filed a securities class action alleging UWMC over-hedged its MSRs, contributing to a $603.2M derivatives loss and a $451.9M Q2 net loss. The complaint points to hedging missteps around the aborted Two Harbors transaction, and UWMC stock fell 34.8% to $1.20 on Aug 6 amid heavy volume. The case adds near-term legal risk and potential settlement costs that could pressure UWMC&#039;s valuation.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>A class action alleges UWMC over-hedged MSRs and misled investors.</li><li>Q2 2026 included a $603.2M derivatives loss; net loss $451.9M.</li><li>Total equity fell 43.6% YoY.</li><li>Shares down 34.78% to $1.20 on Aug 6, 2026 with heavy volume.</li><li>Lead plaintiff deadline: Oct 13, 2026; investors may join.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>UWM Holdings Corporation (UWMC)</strong>: Subject of the class action; litigation risk could drive volatility and settlement costs.</li><li><strong>Two Harbors Investment Corp. (TWO)</strong>: Referenced in hedging strategy; linked to the discussed MSR hedge exposure.</li><li><strong>Kaplan Fox &amp; Kilsheimer LLP (N/A)</strong>: Plaintiff counsel; signals active securities litigation but not a market participant.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal. Fits as a securities litigation update with potential near-term price and sentiment impact due to new price-relevant facts and implied costs from litigation.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>UWMC stock fell 34.78% on Aug 6, 2026, with heavy volume.</li><li>Q2 2026 derivatives loss: $603.2M; net loss $451.9M.</li><li>Hedging linked to the Two Harbors deal created material risk.</li><li>Lead plaintiff deadline set for Oct 13, 2026.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Class Period: March 9, 2026 to August 5, 2026.</li><li>Q2 2026 derivatives loss: $603.2M; net loss: $451.9M.</li><li>Total equity fell 43.6% year over year.</li><li>Shares closed at $1.20 on August 6, 2026; down 34.78%.</li><li>Lead plaintiff deadline: October 13, 2026.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bearish near-term risk from litigation headlines; expect elevated volatility and potential downside if proceedings escalate, over the next weeks to months.</p>
  </section>
</section>


<p>New York, New York--(Newsfile Corp. - August 24, 2026) - <a href="https://api.newsfilecorp.com/redirect/qp5RLfMpax">Kaplan Fox &#38; Kilsheimer LLP</a> announces that a class action lawsuit has been filed against UWM Holdings Corporation ("UWM Holdings" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/UWMC">UWMC</a>) on behalf of investors that purchased or otherwise acquired UWM Holdings securities between March 9, 2026 and August 5, 2026 (the "Class Period").</p><p style="text-align: center;"><a href="https://api.newsfilecorp.com/redirect/nompkUjLyg">CLICK HERE TO JOIN THE CASE</a></p><p><b>If you are an investor in UWM Holdings and have suffered losses, you may </b><a href="https://api.newsfilecorp.com/redirect/KLzobT3qwN"><b>CLICK HERE</b></a><b> to contact us. You may also contact Kaplan Fox by emailing </b><a href="mailto:jcampisi@kaplanfox.com"><b>jcampisi@kaplanfox.com</b></a><b> or by calling (212) 329-8571.</b></p><p><b>DEADLINE REMINDER: </b>If you are a member of the proposed Class, you may move the court <u><b>no later than October 13, 2026</b></u> to serve as a lead plaintiff for the purported class.  If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.</p><p>The Complaint alleges that on "August 5, 2026, after the market closed, UWM reported second quarter fiscal year 2026 financial results, including a $603.2 million interest rate derivatives loss which contributed to a $451.9 million second-quarter net loss. Total equity also fell 43.6% year over year, reflecting the net loss and derivative-related charges." "Then, on August 6, 2026, at 10:30 AM EDT, the Company held an earnings call in connection with its second quarter 2026 financial results. During that call, Chief Executive Officer Mathew Ishbia ('Ishbia') disclosed 'We were over-hedged, if you think of it that way, protecting against the Two Harbors transaction.' Ishbia further stated '[w]e don't traditionally hedge our MSRs [Mortgage Servicing Rights]' but 'when you're going through and acquiring a company like Two Harbors and a massive MSR book&#8230; it created a little more risk. So . . . we did put a hedge on to protect against that risk and then a lot of things happen[ed]&#8230;and then obviously, the Two Harbors transaction went away. And so a confluence of events that created a hedge loss.'" On "this news, shares of UWM Holdings fell $0.64 or 34.78% to close at $1.20 on August 6, 2026, on unusually heavy trading volume."</p><p>The Complaint further alleges that "Defendants failed to disclose to investors that: (1) the Company had deviated from its traditional strategy of not hedging its mortgage servicing rights to take a major hedge position; (2) the Company over-hedged itself in anticipation of the Two Harbors transaction; (3) the Company's purported efforts to balance its risk in fact created an excess hedging risk; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis."</p><p><b>WHY CONTACT KAPLAN FOX?</b></p><p>Kaplan Fox &#38; Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.</p><p>Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in <i>In re Bank of America</i>-the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act-$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in <i>ATRS v. Allianz Global Investors</i>, and a $475 million settlement in <i>In re Merrill Lynch</i>.</p><p>For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.</p><p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.</p><p>If you have any questions about this Notice, your rights, or your interests, please contact:</p><div id="contactInfo"><p><b>CONTACT:</b><br />Jeffrey P. Campisi<br /><a href="https://api.newsfilecorp.com/redirect/EZqQbTvD21">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />800 Third Avenue, 38th Floor<br />New York, New York 10022<br />(212) 329-8571<br /><a href="mailto:jcampisi@kaplanfox.com">jcampisi@kaplanfox.com</a></p><p>Laurence D. King<br /><a href="https://api.newsfilecorp.com/redirect/xEpDYfVqak">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />1999 Harrison Street, Suite 1501<br />Oakland, California 94612<br />(415) 772-4704<br /><a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a></p></div><p>Contacting or submitting information to Kaplan Fox &#38; Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.</p><p><a href="https://api.newsfilecorp.com/redirect/7nkqpfPKeR">https://www.kaplanfox.com/case/uwm-holdings-corporation-investigation-learn-more-now/</a></p><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/12532/311112_ae0b430c7422ea16_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/ejrkVTQEzb">https://www.newsfilecorp.com/release/311112</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/311112/197" alt="" /></p>

Kaplan Fox filed a securities class action alleging UWMC over-hedged its MSRs, contributing to a $603.2M derivatives loss and a $451.9M Q2 net loss. The complaint points to hedging missteps around the aborted Two Harbors transaction, and UWMC stock fell 34.8% to $1.20 on Aug 6 amid heavy volume. The case adds near-term legal risk and potential settlement costs that could pressure UWMC's valuation.

News insight

Kaplan Fox Encourages UWM Holdings Corporation (UWMC) Investors with Losses to Contact the Firm Before October 13, 2026

AI summary

Sentiment rationale

Key facts

Legal