May 31, 2017
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.
February 13, 2017
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.
September 04, 2015
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.