The Detroit police and fire pension fund is suing Rocket Companies Inc. chairman and real estate mogul Dan Gilbert in Delaware, alleging he traded on insider information in a $500 million stock sale.
The civil lawsuit filed Nov. 23 and partially unsealed publicly Friday against Gilbert and Rock…
From Crain's Detroit Business: The Detroit police and fire pension fund is suing Rocket Cos. chairman, real estate mogul and Cleveland Cavaliers owner Dan Gilbert in Delaware, alleging he traded on insider information. The civil suit filed Nov. 23 and partially unsealed publicly Friday, Dec. 3, against Gilbert and Rock Holdings Inc. is a derivative suit, meaning it's being brought by a shareholder on behalf of the company.
The industry is prioritizing Black and Hispanic consumers in the interest of social equity and to tap new markets amid declining refinance volume and rising rates.
The industry is prioritizing Black and Hispanic consumers in the interest of social equity and to tap new markets amid declining refinance volume and rising rates.