IRVINE, Calif.--(BUSINESS WIRE)--

Khang & Khang LLP (the “Firm”) announces that it is investigating claims against Ocwen Financial Corporation (“Ocwen” or the “Company”) (NYSE: OCN) concerning possible violations of federal securities laws.

If you purchased shares of Ocwen and want more information, please contact Joon M. Khang, Esquire, of Khang & Khang LLP, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at [email protected].

The investigation concerns whether Ocwen and certain of its officers and/or directors violated federal securities laws. It is alleged that Ocwen made false and/or misleading statements and/or failed to disclose: that the Company engaged in significant and systemic misconduct at nearly every stage of the mortgage servicing process; that this conduct would subject Ocwen to heightened regulatory scrutiny and potential criminal sanctions; and that as a result of the above, the Company’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.

If you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at [email protected].

This press release may constitute Attorney Advertising in some jurisdictions.

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