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Altisource Asset Management Corporation (AAMC)

NYSE American - Nasdaq Real-time price. Currency in USD
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3.1802-0.0698 (-2.15%)
At close: 03:55PM EDT
3.0800 -0.10 (-3.15%)
After hours: 06:15PM EDT
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  • Business Wire

    Altisource Asset Management Corporation Repurchases Preferred Shares in Global Settlement With Luxor Capital

    CHRISTIANSTED, U.S. Virgin Islands, January 16, 2024--Altisource Asset Management Corporation ("AAMC" or the "Company") (NYSE American: AAMC) announces that it has settled litigation with Luxor Capital Group, LP and related entities (collectively "Luxor") in respect of the Company’s Series A Convertible Preferred Stock (the "Preferred Shares"), as well as separate litigation with former AAMC director Nathanel Redleaf.

  • Business Wire

    Altisource Asset Management Corporation Reports Key Ruling in Blackrock and PIMCO Litigation

    CHRISTIANSTED, U.S. Virgin Islands, December 06, 2023--Altisource Asset Management Corporation ("AAMC" or the "Company") (NYSE American: AAMC) reports a key development in its litigation seeking damages from Blackrock and PIMCO pending in the Superior Court of the U.S. Virgin Islands. On December 4, 2023, the trial judge ruled that six of the seven named Defendants are subject to the court’s jurisdiction and that all of the Company’s statutory and tort claims against those defendants are permitt

  • Business Wire

    Altisource Asset Management Corporation Announces Departure of COO and Interim CEO Danya Sawyer

    CHRISTIANSTED, U.S. Virgin Islands, December 05, 2023--Altisource Asset Management Corporation ("AAMC" or the "Company") (NYSE American: AAMC) announces the resignation of Danya Sawyer, Chief Operating Officer of Alternative Lending Group, the Company’s principal operating subsidiary. Ms. Sawyer, whose departure was effective December 1, 2023, also served as AAMC’s interim Chief Executive Officer during the recent restructuring of the Company’s loan business.