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In re Altisource Portfolio Solutions, S.A. Securities Litigation
Case Number:
9:14-cv-81156
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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May 31, 2017
Judge OKs $8M Fees In $32M Altisource Stock-Drop Deal
A Florida federal judge signed off Wednesday on $8 million in attorneys' fees and costs as part of a $32 million class settlement that ended a suit against mortgage servicer Altisource Portfolio Solutions SA by investors who claimed an investigation into allegedly shoddy mortgage practices sent the stock plummeting.
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February 13, 2017
Altisource To Shell Out $32M To Investors Over Stock Drop
A Florida federal judge on Friday approved a $32 million class settlement ending a suit against mortgage servicer Altisource Portfolio Solutions SA by investors who claimed regulatory actions in New York sent the stock plummeting.
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September 04, 2015
Ocwen, Altisource Securities Fraud Actions Thrown Out
A West Palm Beach, Florida, federal judge on Friday threw out two stock-drop suits against mortgage servicer Ocwen Financial Corp., one of which also named Ocwen spin-off Altisource Portfolio Solutions SA, finding the class action claims tied to regulatory actions in New York fell short of establishing potential securities fraud liability.