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DJSP Enterprises Inc. hires Former GMAC Executive Richard D. Powers

DJSP Enterprises Inc. hires Former GMAC Executive Richard D. Powers


By DinSFLA 7/12/2010

DJSP Enterprises Inc. (DJSP) appointed mortgage-industry veteran Richard D. Powers as president and chief operating officer, overseeing day-to-day operations of the Florida-based provider of mortgage and real-estate processing services.

Chairman and Chief Executive David J. Stern said Powers’ extensive industry experience complements DJSP’s efforts to be a leader in the “default-services sector and beyond.”

“His strong management experience will help shape DJSP as we continue to establish ourselves as a provider of services to the mortgage industry for the life of the loan,” said Stern, who had held the president’s post.

Mr. Powers most recently was head of real-estate services at Altisource Portfolio Solutions SA (ASPS). Previously he was an executive in the mortgage operations of GMAC LLC, which has dealt with billions of dollars of losses the past several years, and was president at KB Home’s (KBH) mortgage unit.

DJSP Enterprises Inc. has recently caught the attention of several high profile law firms.

On June 14, 2010 the class action law firm of Statman, Harris & Eyrich, LLC announced it was investigating DJSP Enterprises, Inc. (“DJSP” or the “Company”) (DJSP 6.29, +0.04, +0.64%) for potential violations of state and federal securities laws. The affected stock was purchased between March 11, 2010 and May 27, 2010.

Then on June 28, 2010 Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) announced it has been investigating DJSP Enterprises (“DSJP” or the “Company”) (Symbol: DJSP) for potential violations of the federal securities laws.  Investors who purchased Company securities since April 1, 2010 may be affected.

These investigations are still pending.

© 2010-15 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Posted in djsp enterprises, foreclosure, foreclosures, investigation, Law Offices Of David J. Stern P.A.Comments (0)

OFFICIAL! CLASS ACTION FIRM Statman, Harris & Eyrich, LLC Announces Investigation of DJSP Enterprises, Inc.

OFFICIAL! CLASS ACTION FIRM Statman, Harris & Eyrich, LLC Announces Investigation of DJSP Enterprises, Inc.


FL BROWARD COUNTY very own DJSP aka TOP FORECLOSURE FIRM Law Office of David J. Stern has alleged to have unloaded OVER 28% shares as it tanked!

CINCINNATI, Jun 14, 2010 (GlobeNewswire via COMTEX) — Attorney Advertising

The class action law firm of Statman, Harris & Eyrich, LLC announced today that it is investigating DJSP Enterprises, Inc. (“DJSP” or the “Company”) (DJSP 6.29, +0.04, +0.64%) for potential violations of state and federal securities laws. The affected stock was purchased between March 11, 2010 and May 27, 2010.

The firm’s investigation was triggered on May 27, 2010, when DJSP announced its operating results for the first quarter 2010. DJSP revealed that the Company would be unable to meet its earnings estimates and revised its earnings guidance from $1.83 to $1.29-1.36 EPS.

As a direct result, on May 28, 2010, DJSP’s stock fell to $6.38 per share, a decline of over 28% on unusually high trading volume.

Shareholders who purchased DJSP stock between March 11, 2010 and May 27, 2010 may have a claim against the Company and are encouraged to contact attorney Melinda Nenning at (513) 658-8867 or mnenning@statmanharris.com for further information without any obligation or cost to you.

Statman, Harris & Eyrich, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; and Dayton, Ohio. www.statmanharris.com

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Statman, Harris & Eyrich, LLC

CONTACT:  Statman, Harris & Eyrich, LLC
Melinda S. Nenning, Esq.
(513) 658-8867
Toll-Free: (888) 876-7881
mnenning@statmanharris.com
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202

(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.
© 2010-15 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Posted in djsp enterprises, foreclosure, foreclosure fraud, foreclosure mills, insider, investigation, Law Offices Of David J. Stern P.A., lawsuit, stockComments (2)


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