Key Summary: Between February and April 2023, Anthony Hsieh, founder and 68.9% voting stockholder of loanDepot, nominated Steve Ozonian to the Board, corrected company statements, stepped down as Executive Chairman, and filed proxy materials advocating for long-term success and his nominee. On April 4, loanDepot and Hsieh reached a settlement to add Ozonian to the Board and agreed on future Board composition changes.