TRADING ALERT: The Rosen Law Firm Reminds Altisource Residential Corp. Investors of the Important Deadline in the Class Actio...
14 Avril 2015 - 10:26PM
Business Wire
The Rosen Law Firm, a global investor rights law firm, reminds
purchasers of Altisource Residential Corporation (NYSE:RESI)
securities from February 7, 2013 through January 23, 2015 of the
important May 26, 2015 lead plaintiff deadline in the class action
filed by the firm. The lawsuit seeks to recover damages for
Altisource Residential Corporation investors under the federal
securities laws.
To join the Altisource Residential Corporation class action, go
to the website at http://www.rosenlegal.com/cases-487.html or call
Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or
email pkim@rosenlegal.com or kchan@rosenlegal.com for information
on the class action. The suit is pending in the U.S. District Court
for the District of the Virgin Islands.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
The lawsuit alleges that Altisource Residential Corporation made
false and/or misleading statements and/or failed to disclose: (1)
the full scope of its reliance on Ocwen Financial Corporation, a
related party and the risks relating to its relationship with
Ocwen; and (2) the full scope of its related party relationship
with Altisource Asset Management Corporation. When the true details
entered the market, Altisource Residential Corporation’s share
price declined and investors suffered damages.
A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than May
26, 2015. If you wish to join the litigation, go to the website at
http://www.rosenlegal.com/cases-487.html or to discuss your rights
or interests regarding this class action, please contact, Phillip
Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at
866-767-3653 or via e-mail at pkim@rosenlegal.com or
kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Laurence Rosen, Esq.Phillip Kim, Esq.Kevin Chan, Esq.The Rosen
Law Firm, P.A.275 Madison Avenue, 34th FloorNew York, NY 10016Tel:
(212) 686-1060Toll Free: (866) 767-3653Fax: (212)
202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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