CARVELLI v OCWEN FINANCIAL CORPORATION | FL CLASS ACTION - accusing the company of inflating its share price through false and misleading statements

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CARVELLI v OCWEN FINANCIAL CORPORATION | FL CLASS ACTION – accusing the company of inflating its share price through false and misleading statements

CARVELLI v OCWEN FINANCIAL CORPORATION |  FL CLASS ACTION – accusing the company of inflating its share price through false and misleading statements

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF FLORIDA

KAREN A. CARVELLI, Individually and
On Behalf of All Others Similarly Situated,
Plaintiff,

v.

OCWEN FINANCIAL CORPORATION,
RONALD M. FARIS, and MICHAEL R.
BOURQUE JR.,
Defendants

CLASS ACTION COMPLAINT

Plaintiff Karen A. Carvelli (“Plaintiff”), individually and on behalf of all other persons
similarly situated, by her undersigned attorneys, for her complaint against Defendants, alleges the following based upon personal knowledge as to herself and her own acts, and information and
belief as to all other matters, based upon, inter alia, the investigation conducted by and through her attorneys, which included, among other things, a review of the Defendants’ public documents, conference calls and announcements made by Defendants, United States Securities and Exchange Commission (“SEC”) filings, wire and press releases published by and regarding Ocwen Financial Corporation (“Ocwen” or the “Company”), analysts’ reports and advisories about the Company, and information readily obtainable on the Internet. Plaintiff believes that substantial evidentiary support will exist for the allegations set forth herein after a reasonable opportunity for discovery.

[…]

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