LOS ANGELES , June 14, 2017 /PRNewswire/ --
Lundin Law PC , a shareholder rights
firm, announces a class action lawsuit against Ocwen Financial Corporation ("Ocwen" or the "Company")
(NYSE: OCN) for possible violations of federal securities laws between January 13, 2015 and
April 20, 2017 inclusive (the "Class Period"). Investors who purchased or otherwise acquired shares
during the Class Period, should contact the firm prior to June 20, 2017, the lead plaintiff
motion deadline.
To participate in this class action lawsuit, click here
.
You can also call Brian Lundin, Esq., of Lundin Law
PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com .
No class has been certified in the above action yet. Until a class is certified, you are not considered represented by
an attorney. You may choose to do nothing and be an absent class member as well.
The Complaint alleges that during the Class Period, Ocwen made false and/or misleading statements and/or failed to
disclose: that the Company engaged in systemic misconduct at almost 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. Upon the release of this information, Ocwen's stock price declined
materially, which harmed investors according to the Complaint.
Lundin Law PC was founded by Brian Lundin, a securities
litigator based in Los Angeles dedicated to upholding the rights of shareholders.
This press release may constitute Attorney Advertising in some jurisdictions under the applicable law and ethics
rules.
Contact:
Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/investor-alert-lundin-law-pc-announces-expanded-class-period-in-securities-class-action-lawsuit-against-ocwen-financial-corporation-300474102.html
SOURCE Lundin Law PC