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/PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), a Detroit-based FinTech platform company consisting of tech-driven...
An investor in Rocket Companies Inc. — which operates Rocket Mortgage, Rocket Homes, and Rocket Auto — filed a derivative lawsuit accusing the company’s founder and chairman of insider trading, claiming he sold $500 million in stock last year based on “material, non-public information about Rocket.” The 40-page complaint, first reported by Reuters news service, was filed Monday in the Court of Chancery in Delaware by shareholder Christopher Vargoshe. It names Rocket Chairman Daniel GIlbert and Rock Holdings Inc. (RHI) as defendants.
As rising mortgage rates threaten profits, the nation's largest mortgage lender positions itself as more than a provider of home loans.
The publicly traded parent company of Rocket Mortgage has made several key leadership changes.Longtime executive Jay Farner, vice chairman and CEO of Detroit-based Rocket Companies Inc. (NYSE: RKT), will assume the role of chief executive of Rocket Central, the company announced in a news release…
From Crain's Detroit Business: Longtime executive Jay Farner, vice chairman and CEO of Rocket Companies Inc., will assume the role of chief executive of Rocket Central. Bob Walters will assume the role of CEO of Rocket Mortgage.