PennyMac under scrutiny as shares fall 33% after earnings

A national shareholder rights law firm has launched an investigation PennyMac Financial Services Inc. about possible violations of federal securities laws. Glancy Prongay Wolke & Rotter LLPwhich represents investors and consumers in securities litigation, said the investigation follows PennyMac’s Jan. 29 release of fourth-quarter and full-year 2025 results, which showed revenue of $538 million and […]