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Home Loan Servicing Solutions, Ltd. (HLSS)

(NASDAQ: HLSS)

Summary

HOME LOAN SERVICING SOLUTIONS, LTD. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Home Loan Servicing Solutions, Ltd. (HLSS) Over the Proposed Sale of the Company to New Residential Investment Corp.
 

Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Home Loan Servicing Solutions, Ltd. (“HLSS” or the “Company”) (NASDAQ: HLSS) for potential breaches of fiduciary duties in connection with the sale of the Company to New Residential Investment Corp. for approximately $1.3 billion in cash.  The Company’s stockholders will only receive $18.25 for each share of HLSS common stock they own.

The investigation focuses on whether HLSS’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of HLSS’s shareholders.

If you own common stock in HLSS and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330. 

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  • Company:
    Home Loan Servicing Solutions, Ltd. (HLSS)
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Contact Counsel

MergerInfo Request
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

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Case Details

Date:

  • 02/26/2015

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