Carvelli v. Ocwen Financial Corporation et al

  1. April 30, 2018

    Ocwen Escapes Investor Suit Over Alleged Misstatements

    A Florida federal judge on Monday dismissed a securities fraud class suit accusing Ocwen Financial Group of issuing misleading statements about its regulatory compliance, ruling that the investors had failed to plead actionable statements or omissions by the company.

  2. August 09, 2017

    Fund Says It Was Rightly Picked To Lead Ocwen Investor Suit

    The University of Puerto Rico Retirement System urged a Florida federal judge on Tuesday to ignore an objection to its appointment as lead plaintiff in a proposed class action accusing Ocwen Financial Group of issuing misleading statements about its regulatory compliance, arguing that the challengers have been shown to be inadequate class representatives.

  3. July 26, 2017

    Investors Rip Judge's Lead Plaintiff Pick In Ocwen Suit

    A group of two investors in Ocwen Financial Corp. urged a Florida federal court on Tuesday to throw out a magistrate judge's order selecting the University of Puerto Rico Retirement System to lead a proposed class of investors in a suit accusing the mortgage servicer of issuing misleading statements about its regulatory compliance.

  4. July 14, 2017

    Abraham Fruchter Picked To Lead Fla. Ocwen Investor Suit

    The fight for the right to lead a proposed class of investors accusing Ocwen Financial Corp. of issuing misleading statements about its regulatory compliance is over after a Florida federal judge Friday appointed Abraham Fruchter & Twersky LLP to lead the litigation.

  5. June 21, 2017

    4 Firms Fight For Lead Counsel In Ocwen Investor Suit

    A battle broke out in Florida federal court Tuesday over which firm will be named lead counsel in a proposed class action accusing Ocwen Financial Corp. of assuring investors it was diligently working to comply with mortgage servicing regulations despite the Consumer Financial Protection Bureau claiming it failed "every stage of the mortgage servicing process."

  6. April 21, 2017

    Ocwen Investors Sue Over 54% Stock Dive After CFPB Case

    Ocwen Financial Corp. shareholders sued the mortgage servicer in Florida federal court Friday, saying share values plummeted by almost 54 percent the same day the Consumer Financial Protection Bureau accused Ocwen of using a faulty servicing database that resulted in wrongful foreclosure proceedings against at least 1,000 people.