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 - EconoTimes)
NEW ORLEANS, April 21, 2017 -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 20, 2017 to file lead plaintiff applications in a securities class action lawsuit against Ocwen Financial Corporation (NYSE:OCN), if they purchased the Company’s securities between May 11, 2015 and April 19, 2017, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of Florida.
What You May Do
If you purchased securities of Ocwen and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ([email protected]). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by June 20, 2017.
About the Lawsuit
Ocwen and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) Ocwen engaged in various forms of misconduct at virtually every stage of the mortgage servicing process; (ii) the foregoing actions would result in heightened regulatory scrutiny and potential criminal sanctions for the Company; and (iii) as a result of the foregoing, Ocwen’s financial statements were materially false and misleading at all relevant times.
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact: Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner [email protected] 1-877-515-1850 206 Covington St. Madisonville, LA 70447
