Court Allows Expert Testimony Linking Johnson & Johnson Talc Products to Ovarian Cancer 
Apple Stock Jumps as Company Prepares Major Siri AI Chatbot Upgrade 
Rio Tinto Posts Strong Q4 Iron Ore and Copper Output on Operational Recovery 
FSU Criticizes ANZ Over Suncorp Bank Job Cuts Amid Post-Acquisition Commitments 
Walmart to Cut PhonePe Stake in IPO as Tiger Global and Microsoft Exit 
Lululemon Founder Chip Wilson Escalates Proxy Fight to Remove Advent From Board 
Elon Musk Says Tesla Cybercab and Optimus Production Will Start Slowly Before Rapid Growth 
Global DRAM Chip Shortage Puts Automakers Under New Cost and Supply Pressure 
Pop Mart Shares Surge in Hong Kong After First Buyback in Nearly Two Years 
FAA Says It Is Not Blocking Boeing 737 MAX 7 and MAX 10 Certification 
BitGo IPO Prices Above Range, Raises $212.8M in Landmark Crypto Market Debut 
Morgan Stanley Flags High Volatility Ahead for Tesla Stock on Robotaxi and AI Updates 
Netflix Stock Slips After Earnings as Soft 2026 Guidance Overshadows Subscriber Milestone 
Apple China Holiday Sale Offers Discounts Up to 1,000 Yuan on Popular Devices 
Valero Makes First Venezuelan Crude Purchase Under New U.S.-Caracas Deal 
OpenAI Launches Stargate Community Plan to Offset Energy Costs and Support Local Power Infrastructure 
NEW YORK, May 01, 2017 -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Ocwen Financial Corporation (NYSE:OCN) who purchased shares between May 11, 2015 and April 19, 2017. The action, which was filed in the United States District Court for the Southern District of Florida, alleges that the Company violated federal securities laws.
In particular, the complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that (1) Ocwen engaged in significant and systemic misconduct at nearly every stage of the mortgage servicing process; (2) the above-mentioned conduct, when it became known, would subject the Company to heightened regulatory scrutiny and potential criminal sanctions; (3) consequently, Ocwen'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.
Shareholders have until June 20, 2017 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.
If you suffered a loss during the class period and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-sa/ocwen-financial-corporation?wire=3.
Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Joseph Klein, Esq. Empire State Building 350 Fifth Avenue 59th Floor New York, NY 10118 Telephone: (212) 616-4899 Fax: (347) 558-9665 www.kleinstocklaw.com
