Levi & Korsinsky announces that a class action lawsuit has been
commenced in the United States District Court for the Northern District
of California on behalf of investors who purchased Altisource Asset
Management Corporation (“Altisource” or the “Company”) (NYSE MKT:AAMC)
securities between April 19, 2013 and January 12, 2015.
To get more information, click here: http://zlk.9nl.com/altisource-asset-aamc.
There is no cost or obligation to you.
The complaint alleges that during the Class Period defendants
misrepresented and/or concealed the Company’s relationship with, and
conflicted transactions with a group of related companies founded by
defendant William C. Erbey.
On December 22, 2014, the Company announced that as part of a settlement
between Ocwen Financial Corporation and the New York Department of
Financial Services, Erbey would step down as chairman of Altisource’s
board and from his positions at each related company. Then on January
13, 2015, the California Department of Business Oversight announced that
it was seeking to revoke Ocwen’s license to operate in the state.
If you suffered a loss in Altisource you have until March 17, 2015 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 jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/altisource-asset-aamc.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm’s 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.
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