PennyMac Mortgage Trust Lawsuit “FINRA” (NYSE: PMT)

PennyMac Mortgage Trust Lawsuit "FINRA" (NYSE: PMT)

PennyMac Mortgage Trust (NYSE: PMT) investors should be aware that Haselkorn & Thibaut, a national investment fraud law firm, is investigating possible sales practice violations by financial advisors who have been advocating PMT and related real estate and mortgage established investments sold to investors.

The recent trading in PMT was in the $11.00/share range. Looking back, PMT was generally investing around $19.00/share for many of 2019 and lasted on that trend into 2020. At the beginning of 2020, PMT was trading about $22.00/discuss.

PennyMac Mortgage Investment Trust (PMT) was founded in 2009 and is headquartered in Westlake Village, California. PMT invest in Mostly in mortgage-related resources in the USA. The company operates through credit-sensitive plans (CRT), interest rate strategies, and mortgage purchasing and pooling.

PNMAC Capital Management, LLC, acts as the director of PennyMac Mortgage Investment Trust (PMT). The business qualifies as a real estate investment trust (REIT) for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90 percent of its taxable income to its shareholders.

PennyMac Mortgage Trust Lawsuit “FINRA”

Haselkorn & Thibaut ( investigating possible sales practice violations by financial advisors who were advocating PennyMac Mortgage Trust (NYSE: PMT) and many similar properties and mortgage-related investments sold to investors.

For investors, this is a particularly hard blow as these are the kinds of investments that were often recommended by financial consultants to clients who have been searching for income in their portfolios (often retirees or similarly conservative investors). This was likely a recommendation that was anticipated to be reduced volatility and rather conventional, today investors are faced with substantial losses as a consequence of a degree of risk to their original investment chief, which was likely never correctly disclosed (if it was disclosed at all) by their financial advisors.

Many advisors used strategies of buying higher yield investments like PMT stock in the hopes of raising potential yields, they also increased the level of risk, and some investors might not have been advised of those possible risks as well. Although Financial advisers may assert that these were sudden market events, the reality is these are similar dangers to those experienced in the 2008-2009 monetary crisis. These potential risks were substance risks that have to have been adequately disclosed to customers before recommending these investments separately or as part of a portfolio or investment plan.

A number of these investments were sold by financial advisers without appropriate risk disclosures, as these are thought to be very risky and complicated (some even insecure due to the leverage) securities. In cases where these were advocated retirees or similar conservative income-seeking investors, there is the potential for sales practice abuse as a result of misrepresentations, but more often because of omissions of material fact, or due to a lack of appropriate supervision.

Investors Wanting to Recover PennyMac PMT Stock Losses

For many investors, a personal FINRA arbitration customer dispute enables them to bring a claim and possibly recover their PennyMac Mortgage Trust investment losses. These consumer disputes typically involve just newspaper discovery and no depositions, and they are generally faster and more effective in comparison to traditional court lawsuits, as they provide a private forum to resolve disputes more quickly
and efficiently.

About Haselkorn & Thibaut (

Haselkorn The law firm has offices in Palm Beach, Florida, on Park Avenue in New York, in Addition to in Phoenix, Arizona, and Cary, North Carolina, and Texas. The two founding partners have almost 45 years of legal expertise. Call today for more information at 1-800-856-3352.

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