SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action
Against Ocwen Financial Corporation and Its Board of Directors
and a Lead Plaintiff Deadline of October 13, 2014 -- OCN
NEW YORK, NY -- (Marketwired) -- 08/15/14 -- Levi & Korsinsky
announces that a class action lawsuit has been commenced in the
United States District Court for the Southern District of Florida on
behalf of investors who purchased Ocwen Financial Corporation
("Ocwen" or the "Company") (NYSE: OCN) common stock between May 2,
2013 and August 11, 2014.
For more information, click here:
The complaint alleges that throughout the Class Period defendants
misrepresented and/or failed to disclose that: (a) Ocwen's mortgage
servicing practices violated applicable regulations and laws; (b) the
Company's executive allowed Altisource Portfolio Solutions, S.A.
("Altisource"), a related company, to impose unreasonable rates for
services provided to Ocwen; and (c) that the Chairman and other
directors and officers were directly involved in approving Ocwen's
conflicted transactions with Altisource.
If you suffered a loss in Ocwen you have until October 13, 2014 to
request that the Court appoint you as lead plaintiff. Your ability to
share in any recovery doesn't require that you serve as a lead
plaintiff. To obtain additional information, contact Joseph E. Levi,
Esq. either via email at firstname.lastname@example.org or by telephone at (212)
363-7500, toll-free: (877) 363-5972, or visit
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
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