Saxena White is pleased to announce that on November 17, 2017, the parties reached a settlement for the securities class action litigation pending in the United States District Court for the Southern District of Florida, In Oliveira v. Home Loan Servicing Solutions, Ltd. et al., Case No. 0:16-cv-60165, against Home Loan Servicing Solutions and three executive officers.
After litigating this case for almost 3 years, Plaintiffs negotiated a $6 million settlement. Saxena White is pleased to achieve this settlement for all affected shareholders. The final court order approved the full settlement amount stating it was fair and reasonable while also asserting that Saxena White had “..conducted the litigation and achieved the Settlement with skill, perseverance and diligent advocacy.”