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INVESTOR ALERT: Goldberg Law PC Announces an Investigation of Ocwen Financial Corporation

2017-05-15 10:36 ET - News Release


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.

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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