Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Ocwen Financial Corp    OCN

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

JUNE 20 DEADLINE: Lundin Law PC Announces Expanded Class Period in Securities Class Action Lawsuit against Ocwen Financial Corporation

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/20/2017 | 12:37am CEST

LOS ANGELES, June 19, 2017 /PRNewswire/ -- Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Ocwen Financial Corporation ("Ocwen" or the "Company") (NYSE: OCN) for possible violations of federal securities laws between January 13, 2015 and April 20, 2017 inclusive (the "Class Period"). Investors who purchased or otherwise acquired Ocwen shares during the Class Period, should contact the firm prior to June 20, 2017, the lead plaintiff motion deadline.

To participate in this class action lawsuit, click here.

You can also call Brian Lundin, Esq., 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 choose to do nothing and be an absent class member as well.

The Complaint alleges that throughout the Class Period, Ocwen made false and/or misleading statements and/or failed to disclose: that the Company engaged in systemic misconduct at almost every stage of the mortgage servicing process; that this conduct would subject Ocwen to heightened regulatory scrutiny and potential criminal sanctions; and that as a result of the above, the Company's public statements were materially false and misleading at all relevant times. On April 20, 2017, the Consumer Financial Protection Bureau announced that it was suing Ocwen, and several states issued cease-and-desist orders against the Company. When this news reached the public, Ocwen's stock price dropped materially, which harmed investors according to the Complaint.

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

This press release may constitute Attorney Advertising in some jurisdictions under the applicable law and ethics rules.

Contact:

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

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/june-20-deadline-lundin-law-pc-announces-expanded-class-period-in-securities-class-action-lawsuit-against-ocwen-financial-corporation-300476257.html

SOURCE Lundin Law PC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on OCWEN FINANCIAL CORP
08/03 OCWEN FINANCIAL : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AN..
08/02 OCWEN FINANCIAL CORPORATION (NYSE : OCN) Files An 8-K Results of Operations and ..
08/02 OCWEN FINANCIAL CORP : Results of Operations and Financial Condition, Financial ..
08/02 OCWEN FINANCIAL : reports 2Q loss
08/02 Ocwen Financial Announces Preliminary Operating Results for Second Quarter 20..
07/28 OCWEN FINANCIAL : Settles Investor Class Action
07/27 OCWEN FINANCIAL : Advocacy group says Ocwen neglected foreclosed homes, cites PB..
07/26 OCWEN FINANCIAL : NAACP, and NID Bringing Help & Hope to Struggling Miami Homeow..
07/26 Ocwen Financial Corporation Schedules Conference Call - 2nd Quarter 2017 Resu..
07/25 Ocwen, NAACP, and NID Bringing “Help & Hope” to Struggling Miami ..
More news
News from SeekingAlpha
08/04 Ocwen Financial's (OCN) CEO Ron Faris on Q2 2017 Results - Earnings Call Tran..
08/04 Ocwen Financial Corporation 2017 Q2 - Results - Earnings Call Slides
08/02 Settlement and regulatory costs drive Ocwen deep into the red
08/02 Ocwen Financial EPS of -$0.36
07/27 FINANCIALS - TOP 5 GAINERS / LOSERS : 00 pm