A Two Harbors Investment Corp. stockholder has sued the company and its directors in federal court over allegedly misleading proxy disclosures, seeking a restraining order to delay the May 19 special meeting regarding its proposed merger with CrossCountry Intermediate Holdco LLC.

George Assad filed the lawsuit and related emergency motions Wednesday in the U.S. District Court for the District of Maryland. He claims Two Harbors and its directors violated Securities and Exchange Commission (SEC) rules and the Securities Exchange Act of 1934 by disseminating a materially incomplete and misleading proxy statement for the CrossCountry Mortgage (CCM) deal. This is the details ⇒

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