Company Website:
https://goldberglawpc.com/
LOS ANGELES -- (Business Wire)
Goldberg
Law PC announces that it is investigating Ocwen Financial
Corporation (“Ocwen” or the “Company”) (NYSE: OCN) concerning possible
violations of federal securities laws.
If you purchased or otherwise acquired Ocwen shares and would like more
information regarding the investigation, we encourage you to contact Michael
Goldberg or Brian Schall,
of Goldberg Law PC, 1999 Avenue of the Stars Suite 1100, Los Angeles, CA
90067, at 800-977-7401, to discuss your
rights without cost to you.
You can also reach us through the firm’s website at http://www.Goldberglawpc.com,
or by email at info@goldberglawpc.com.
The investigation concerns whether Ocwen and certain of its officers
and/or directors violated federal securities laws. On April 20, 2017,
the Consumer Financial Protection Bureau announced that it was suing
Ocwen for generating errors in borrowers’ accounts, failing to credit
payments, illegally foreclosing on homeowners, and charging borrowers
for add-on products without their consent. Also, several states issued
cease-and-desist orders against Ocwen to address mishandling of consumer
escrow accounts and a deficient financial condition, specifically
prohibiting the Company from acquiring new mortgage servicing rights and
originating mortgage loans. When this news was announced, Ocwen’s stock
price dropped sharply.
If you have any questions concerning your legal rights, please
immediately contact Goldberg Law PC at 800-977-7401,
or visit our website at http://www.Goldberglawpc.com,
or email us at info@goldberglawpc.com.
Goldberg Law PC represents shareholders around the world and specializes
in securities class actions and shareholder rights litigation.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170515005992/en/
Contacts:
Goldberg Law PC, Los Angeles
Michael Goldberg, Esq., 800-977-7401
Brian
Schall, Esq., 800-977-7401
info@goldberglawpc.com
http://www.Goldberglawpc.com
Source: Goldberg Law PC
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