The Schall Regulation Agency Broadcasts it’s Investigating Claims In opposition to Velocity Monetary, Inc. and Encourages Buyers with Losses to Contact the Agency

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    The Schall Law Firm Announces it is Investigating Claims Against Velocity Financial, Inc. and Encourages Investors with Losses to Contact the Firm

    <p class = "Canvas-Atom Canvas-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Los Angeles, California – (Newsfile Corp. – 17th July 2020) – The law firm Schall, a national shareholder law firm, announces that it is investigating violations of securities laws on behalf of Velocity Financial, Inc. (NYSE: VEL) ("Velocity" or "the Company") investors. "data-reactid =" 19 "> Los Angeles, California – (Newsfile Corp. – July 17, 2020) – Schall law firm, a national shareholder law firm, has announced that it is pursuing claims on behalf of investors from Velocity Financial, Inc (NYSE: VEL) ("Velocity" or "the Company") for violations of securities laws.

    The investigation focuses on whether the company has made false and / or misleading statements and / or has not disclosed information that is relevant to investors. Velocity began its IPO on January 17, 2020, and sold 7,250,000 shares at a price of $ 13 a share, raising approximately $ 94 million. The company's shares have fallen sharply since going public, dropping to $ 2.47 per share. This corresponds to a decline of 80% since the IPO.

    <p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "If you are a shareholder who has suffered a loss, Click here to participate. "data-reactid =" 21 "> If you are a shareholder who has suffered a loss, click here to participate.

    <p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "We also recommend Brian Schall from the Schall law firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335 to discuss your rights free of charge, or you can contact us on the firm's website at www.schallfirm.comor by email to brian@schallfirm.com. "data-reactid =" 22 "> We also recommend that you contact Brian Schall of the Law Firm of Schall, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at number 310-301-3335, for your rights free of charge to discuss You can also contact us on the company's website at www.schallfirm.com or by email at brian@schallfirm.com.

    In this case, the class is not yet certified and you will not be represented by a lawyer until certification. If you take no action, you can remain an absent class member.

    The law firm Schall represents investors all over the world and specializes in class actions and shareholder litigation.

    In some countries, this press release may be considered a lawyer’s advertisement in accordance with applicable laws and ethical rules.

    CONTACT:

    <p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The law firm Schall
    Brian Schall, Esq.
    310-301-3335
    info@schallfirm.com
    www.schallfirm.com"data-reactid =" 27 "> The law firm Schall
    Brian Schall, Esq.
    310-301-3335
    info@schallfirm.com
    www.schallfirm.com

    <p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "To view the source version of this press release, please visit https://www.newsfilecorp.com/release/60013"data-reactid =" 35 "> The source version of this press release can be found at https://www.newsfilecorp.com/release/60013

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