ATLANTA--(BUSINESS WIRE)--Holzer & Holzer, LLC announces that a class action lawsuit has been filed in the United States District Court for the Southern District of Florida on behalf of investors who purchased Ocwen Financial Corporation (“Ocwen” or the “Company”) (NYSE: OCN) common stock between May 2, 2013 and August 11, 2014. The complaint alleges, among other things, that Ocwen violated the federal securities laws by failing to adequately disclose the nature of its relationship with Altisource Portfolio Solutions and by overstating the Company’s financial results during that time. The price of Ocwen stock has fallen dramatically following a series of recent announcements regarding the Company’s financial condition.
The firm is now reviewing certain statements issued by the Company between October 3, 2012 and May 1, 2013, which are not covered by the pending class action, to determine if additional claims can be asserted on behalf of investors who bought during that time.
If you purchased Ocwen common stock between October 3, 2012 and August 11, 2014 and are interested in your legal rights, you are encouraged to contact Marshall P. Dees, Esq. via email at firstname.lastname@example.org, or via toll-free telephone at (888) 508-6832. There is a deadline of October 13, 2014 for interested investors to ask the court to be appointed as lead plaintiff for the case.
Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.