| Luminent Mortgage Capital |
The Rosen Law Firm is preparing to file a class action lawsuit on behalf of investors that purchased Lunminent Mortgage Capital stock from May 10, 2007 through August 6, 2007. The complaint alleges that Luminent represented that it had sufficient liquidty and was well-capitalized, that its mortgage investments were safe and that the Company would pay its dividend as planned. On August 6th the Company announced that it could not pay its dividend, would not issue financial statements for the quarter and that it had suffered margin calls causing a credit squeeze. The Companys stock dropped 75% as a result. If you would like to join the Luminent class action as a plaintiff. please click on the link to the right and complete an online certification or you can print the form and fax it to us. |
| For more Information | |
 Case Summary
|
|
|
Press Release
|
|
 Read the Complaint
|
|
|