EQUITY ALERT: Rosen Law Firm Reminds Home Loan Servicing Solutions, Ltd. Investors of Important Deadline in Class Action Filed by Firm - HLSS

NEW YORK, Feb. 12, 2015 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A., a global investor rights firm, reminds purchasers of Home Loan Servicing Solutions, Ltd. stock HLSS between February 7, 2013 and January 23, 2015 of the important March 30, 2015 lead plaintiff deadline in the class action filed by the firm.

To join the Home Loan Servicing Solutions class action, visit the firm's website at http://www.rosenlegal.com/cases-486.html, or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free, at 866-767-3653; you may also email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.  The case is pending the U.S. District Court for the Southern District of New York.

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 CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS MEMBER.

Home Loan Servicing Solutions acquires mortgage servicing assets and engages Ocwen Financial Corporation OCN to service the mortgage loans underlying such assets. According to the lawsuit, the Company made false and/or misleading statements and/or failed to disclose that: (i) the Company's business was dependent on Ocwen and Ocwen conducting its business legally; (ii) the Company's business faced material risks and uncertainties due to the systemic internal control weaknesses at Ocwen; (iii) Ocwen was under investigation for violating applicable federal and state regulations and laws, including among other things, the New York Department of Financial Services' and the state of California's investigation of Ocwen; (iv) the Company was in breach of provisions of its notes held by BlueMountain Capital Management, LLC; and (v) the Company faced material risks if it defaults on its notes. The suit claims that when the truth was revealed, it caused the price of the Company's stock to drop, damaging investors.

If you wish to join the litigation go to http://www.rosenlegal.com/cases-486.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of The Rosen Law Firm, toll-free, at 866-767-3653, or via e-mail at pkim@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.