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IMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Walter Investment Management Corp. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 6, 2017 / Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Walter Investment Management Corp. ("Walter" or the "Company") (WAC) concerning possible violations of federal securities laws between May 3, 2016 and March 13, 2017, inclusive (the "Class Period"). Investors, who purchased or otherwise acquired the Company's shares during the Class Period should contact the firm prior to the May 15, 2017 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the Complaint, during the Class Period, Walter made false and/or misleading statements and/or failed to disclose: that the Company's subsidiary Ditech had a material weakness in its internal control over operational processes; that the Company lacked effective internal controls over financial reporting; and that as a result of the above, Walter's public statements were materially false and misleading at all relevant times.

On March 14, 2017, Walter filed its Annual Report on Form 10-K with the Securities and Exchange Commission, reporting the Company's financial and operating results for the quarter and year ended December 31, 2016. Walter disclosed that "[a]s of December 31, 2016, we identified a material weakness in internal controls over operational processes within the transaction level processing of Ditech Financial default servicing activities." When this information reached the public, shares of Walter declined in value, thus harming investors.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders' rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com http://lundinlawpc.com/

SOURCE: Lundin Law PC