PENNYMAC FINANCIAL SERVICES

Pursuant to the Order Granting Class Counsel's Motion To Modify Plan of Distribution, On Friday, August 5, 2022, settlement checks were mailed to the participants listed in the Depository Trust Company's records that received common stock of New PennyMac shares in exchange for Class A common stock of Old PennyMac shares in connection with the transaction described in the Reorganization Agreement that closed on or about November 1, 2018, except the Defendants and all persons who were officers or directors of New PennyMac or Old PennyMac as of November 1, 2018 ("Excluded Party"). The Net Distributable per share amount is $0.224602431782995 should be further distributed to the underlying beneficial holders of the Old PennyMac Class A (CUSIP 70932B101) shares as of October 31, 2018, other than any Excluded Party. Questions may be directed to the Settlement Administrator at info@PennyMacSecuritiesLitigation.com... The Fairness Hearing will take place via ZOOM. For more information see the..

Also known as: PennyMac Financial Services, Inc., PennyMac Securities Litigation

Primary location: Philadelphia United States