In a June 13, 2017, ruling on a motion for partial summary judgment in the Ocwen Financial Corp. Securities Litigation (the “Ocwen Litigation”), the United States District Court for the Southern District of Florida determined...more
6/30/2017
/ Breach of Duty ,
Class Action ,
Conflicts of Interest ,
Government Investigations ,
Judgment As A Matter Of Law ,
Misleading Statements ,
NYDFS ,
Ocwen ,
Partial Summary Judgments ,
Recusal ,
Rule 10(b) ,
Rule 10b-5 ,
Scienter ,
Securities Litigation
Section 18 of the Securities Exchange Act, while seldom used in the past, has been increasingly used by institutional investors in suits against banks and other entities. The advantages of Section 18 are as follows...more