NEW YORK, Jan. 26, 2015 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Home Loan Servicing Solutions, Ltd. ("HLSS" or the "Company") (NASDAQ: HLSS).
The investigation focuses on whether the Company and its executives violated federal securities laws by making false and misleading statements and/or failing to disclose material facts regarding its business and operations.
On January 23, 2015, BlueMountain Capital Management announced that it had delivered a notice of default against HLSS Servicer Advance Receivables Trust on the notes BlueMountain Capital owns that were issued in connection with the Trust.
Following this news, the price of HLSS stock declined by $1.59 per share, or over 10%, to close on January 23, 2015 at $13.76 per share.
Request more information now by clicking here: www.faruqilaw.com/HLSS. There is no cost or obligation to you.
If you invested in HLSS stock or options prior to January 23, 2015 and would like to discuss your legal rights, visit www.faruqilaw.com/HLSS. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to firstname.lastname@example.org. Faruqi & Faruqi, LLP also encourages anyone with information regarding the Company's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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