Shareholder Alert: Robbins LLP Reminds Investors It is Investigating the Officers and Directors of Velocity Financial, Inc. (VEL) on Behalf of Shareholders

California and Westlake Village, California--(Newsfile Corp. - June 25, 2020) - Shareholder rights law firm Robbins LLP reminds shareholders that it is investigating Velocity Financial, Inc. (NYSE: VEL) for potential material misstatements and violations of federal securities laws pursuant to its January 2020 initial public offering ("IPO"). Velocity offered 7,250,000 shares at $13 per share and raised $100.7 million in gross proceeds. Since its IPO, Velocity's stock has precipitously...

2020-06-25 11:47 AM EDT