HLSS SHAREHOLDER ALERT: LEVI & KORSINSKY, LLP Notifies Investors of Class Action Against Home Loan Servicing Solutions Ltd. a...
February 17 2015 - 3:48PM
Levi & Korsinsky announces that a class action lawsuit has been
commenced in the USDC for the Southern District of New York on
behalf of investors who purchased Home Loan Servicing Solutions
Ltd. ("HLSS" or the "Company") (Nasdaq:HLSS) securities between
February 7, 2013 and January 23, 2015.
To get more information, click here:
http://zlk.9nl.com/home-loan-servicing-solutions-hlss.
There is no cost or obligation to you.
The complaint alleges that the Company made false and/or
misleading statements and/or failed to disclose that, among other
allegations: (a) the Company's business was dependent on Ocwen
Financial Corporation ("Ocwen") and Ocwen conducting its business
legally; (b) the Company's business faced material risks and
uncertainties due to the systemic internal control weaknesses at
Ocwen; (c) Ocwen was under investigation for violating federal and
state regulations and laws; and (d) the Company was in breach of
provisions of its notes held by BlueMountain Capital Management,
LLC.
On January 23, 2015, BlueMountain Capital Management, LLC sent a
notice of default to HLSS and Ocwen on certain notes HLSS serviced.
Due to regulatory sanctions against Ocwen, which had an impact on
HLSS, it constituted a breach and a default under the terms of the
agreement.
If you suffered a loss in HLSS you have until March 30, 2015 to
request that the Court appoint you as lead plaintiff. Your ability
to share in any recovery doesn't require that you serve as a lead
plaintiff. To obtain additional information, contact Joseph E.
Levi, Esq. either via email at jlevi@zlk.com or by telephone at
(212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/home-loan-servicing-solutions-hlss.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm's
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.
CONTACT: Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
(MM) (NASDAQ:HLSS)
Historical Stock Chart
From Jul 2024 to Aug 2024
(MM) (NASDAQ:HLSS)
Historical Stock Chart
From Aug 2023 to Aug 2024