IRVINE, Calif. -- (Business Wire)
Khang & Khang LLP (the “Firm”) announces a class action lawsuit against
Ocwen Financial Corporation (“Ocwen” or the “Company”) (NYSE: OCN).
Investors who purchased or otherwise acquired shares between May 11,
2015 and April 19, 2017, inclusive (the “Class Period”), are encouraged
to contact the Firm in advance of the June 20, 2017 lead plaintiff
If you purchased Ocwen shares during the Class Period, please contact
Joon M. Khang, Esquire, of Khang & Khang LLP, 18101 Von Karman Avenue,
3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail
There has been no class certification in this case yet. Until
certification occurs, you are not represented by an attorney. You may
choose to take no action and remain a passive class member.
According to the Complaint, throughout the Class Period, Ocwen made
false and/or misleading statements and/or failed to disclose: that the
Company engaged in significant and systemic misconduct at nearly 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 U.S. Consumer Financial Protection Bureau
announced that it was suing Ocwen, and several states issued
cease-and-desist orders against the Company.
If you wish to learn more about this lawsuit, or if you have questions
concerning this notice or your rights, please contact Joon M. Khang, a
prominent litigator for almost two decades, by telephone: (949)
419-3834, or by e-mail at firstname.lastname@example.org.
This press release may constitute Attorney Advertising in some
View source version on businesswire.com: http://www.businesswire.com/news/home/20170421005749/en/
Khang & Khang LLP
Joon M. Khang, Esq.
Source: Khang & Khang LLP
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