Hat Tip to Citi Group for this! 🙂
Citi-
The Shuman Law Firm announces that it is investigating potential claims
against certain officers and directors of Lender Processing Services,
Inc. (“LPS” or the “Company”) (NYSE: LPS).
LPS provides integrated technology and outsourced services to the
mortgage lending industry in the United States.
The firm’s investigation primarily concerns allegedly illegal activity
that occurred at LPS’s subsidiary, DocX LLC (“DocX”) from 2007 through
2010. On August 2, 2012, the Missouri Attorney General’s office
announced a settlement with LPS of criminal charges of forgery and
making false statements by DocX and DocX’s former president. These
charges arose out of the mortgage document surrogate signing scandal
(robo-signing) which became public in 2010. As a part of the settlement,
LPS agreed to pay the state of Missouri $2 million.
[CITI]
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