Shareholder Michael Koblentz filed another lawsuit against Two Harbors Investment Corp. and its board of directors, alleging violations of the Securities Exchange Act tied to the company’s pending acquisition by CrossCountry Intermediate Holdco (CCM).

Koblentz previously filed a similar suit targeting Two Harbors’ original merger agreement with UWM Holdings Corp. (UWMC), which was closed after it lost a bidding war to CCM.

Filed April 17 in an Illinois federal court, the new complaint claims Two Harbors submitted “materially incomplete and misleading” financial disclosures. It also alleges the board agreed to unfair deal protections and that executives timed stock details ⇒

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