BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of investors of Ocwen Financial Corporation (“Ocwen” or the “Company”) (NYSE: OCN) concerning the Company and its officers’ potential violation of federal securities laws.
On April 20, 2017, the Consumer Financial Protection Bureau announced that it is filing a lawsuit against Ocwen seeking compensation for consumers due to “years of systemic and significant errors throughout the mortgage servicing process, which cost some of them their homes.”
On this news, shares of Ocwen fell more than 50% to close on April 20, 2017 at only $2.49 per share, thereby injuring investors.
If you purchased Ocwen securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.