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Shareholders Sue Nonprime REIT

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01-12-2006, 10:13 PM

Veronica Corningstone Veronica Corningstone is offline

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Shareholders Sue Nonprime REIT

Wechsler Harwood has filed a class action suit on behalf of all investors who purchased securities of Impac Mortgage Holdings Inc. from May 13, 2005, through Aug. 9, 2005, according to an announcement Tuesday. Impac's general counsel told MortgageDaily.com it was still to early to respond to the accusations because "we really haven't been served with the complaint."

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