SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Directors of Altisource Residential Corporation

NEW YORK--()--Levi & Korsinsky, LLP is investigating Altisource Residential Corporation (“RESI”) (NYSE:RESI) in connection with possible breaches of fiduciary duty stemming from its asset management agreement with Altisource Asset Management Corporation (“AAMC”) (NYSE MKT:AAMC). AAMC is controlled by RESI Chairman Bill Erbey, and members of AAMC also serve as both asset managers and executives of RESI.

To get more information, click here: http://zlk.9nl.com/altisource-residential-resi. There is no cost or obligation to you.

On March 19, 2014, an article by Glaucus Research Group was featured on SeekingAlpha.com; this article alleged that the Incentive Fee paid by RESI to AAMC is “at least four to seven times higher than the compensation received by similarly situated asset managers, and as such, is a sweetheart deal that will unjustly enrich insiders with a beneficial stake in AAMC at the expense of RESI’s shareholders.”

If you own common stock in RESI and wish to obtain additional information, please contact Eduard Korsinsky, Esq. either via email at ek@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/altisource-residential-resi.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s 26 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. Prior results do not guarantee similar outcomes.

Contacts

Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 866-367-6510
www.zlk.com

Release Summary

Levi & Korsinsky, LLP is investigating Altisource Residential Corporation (“RESI”) (NYSE:RESI) in connection with possible breaches of fiduciary duty

Sharing

Contacts

Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 866-367-6510
www.zlk.com