NEW YORK, NY / ACCESSWIRE / June 9, 2017 / Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City, announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of Florida against Ocwen Financial Corporation (NYSE: OCN) ("Ocwen Financial" or the "Company") on behalf of purchasers of the Company's securities between May 11, 2015 and April 19, 2017, inclusive (the "Class Period").

The lawsuit is based on whether Ocwen Financial and its executives violated federal securities law by engaging in activities that resulted in a lawsuit filed by U.S Consumer Financial Protection Bureau ("CFPB"). On April 20, 2017, the CFPB announced that it had sued Ocwen, stating that the Company had "engaged in significant and systemic misconduct at nearly every stage of the mortgage servicing process." When the information was revealed to the public, the value of Ocwen stock dropped, causing losses to its shareholders.

Mr. Monteverde would like to personally discuss with you how to potentially recover your monetary losses, if incurred during the Class Period.

If you wish to serve as lead plaintiff, you must move the Court no later than June 20, 2017. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

Click here for more information: http://monteverdelaw.com/securities/. It is free and there is no cost or obligation to you.

Monteverde & Associates PC is a boutique class action securities and consumer litigation law firm committed that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates PC lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct.

Contact:

Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
 350 Fifth Ave, Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341

Attorney Advertising. (C) 2017 Monteverde & Associates PC. Prior results do not guarantee a similar outcome with respect to any future matter.

SOURCE: Monteverde & Associates PC