Stockholder lawsuit filed against Two Harbors, seeks to enjoin May 19 merger vote

TWO HARBORS INVESTMENT CORP.

George Assad filed complaint May 13, 2026 in MD federal court against Two Harbors and directors.
Alleges proxy statement omitted material facts about management entrenchment favoring lower-priced CrossCountry deal.
Seeks TRO and preliminary injunction to stop May 19 special meeting until corrective disclosures made.
Two Harbors says complaint is without merit but discloses it publicly to avoid litigation delay risk.
UWMC raised cash election to $12.50/share on May 11; board rejected prior $12.00 CrossCountry matching amendment.

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