San Diego, CA -- (ReleaseWire) -- 01/16/2014 -- An investigation on behalf of investors of Ocwen Financial Corp (NYSE:OCN) shares over potential securities laws violations by Ocwen Financial and certain of its directors and officers in connection certain financial statements was announced.
If you purchased shares of Ocwen Financial Corp (NYSE:OCN), you have certain options and you should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether certain statements regarding Ocwen Financial’s business, its prospects and its operations were materially false and misleading at the time they were made.
Ocwen Financial Corp reported that its annual Total Revenue rose from $360.38 million in 2010 to $845.01 million in 2012 and that its Net Income increased from $37.98 million in 2010 to $180.92 million in 2012.
Shares of Ocwen Financial Corp (NYSE:OCN) grew from $8.76 per share in October 2010 to as high as $59.97 per share in October 2013.
On January 14, 2014, NYSE:OCN shares closed at $52.78 per share.
Those who purchased shares of certain Ocwen Financial Corp have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego