Welcome to the settlement website for the Home Loan Servicing Solutions Securities Litigation (the “Action”).
The purpose of this website is to inform you of the Settlement of the Action and of the hearing to be held by the Court to consider the fairness, reasonableness, and adequacy of the Settlement as well as counsel’s application for fees, costs, and expenses. The Notice explains the lawsuit, the Settlement, your legal rights, what benefits are available, who is eligible for them, and how to get them.
The Settlement resolves claims by members of the Class, i.e., all persons or entities who purchased or otherwise acquired the common stock of Home Loan Servicing Solutions, Ltd. (ticker symbol: HLSS) between February 28, 2012 and January 22, 2015, both dates inclusive.
If you are a member of the Class, your legal rights are affected whether you act or do not act.
The Court will hold a Settlement Hearing scheduled on November 17, 2017 at 1:45 p.m.
|YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT:|
|SUBMIT A PROOF OF CLAIM FORM||This is the only way to receive a payment. If you wish to obtain a payment as a member of the Class, you will need to file a proof of claim form (the “Proof of Claim Form”), which is included with the Notice or can be downloaded here, postmarked no later than October 31, 2017.|
|OPT OUT OF THE SETTLEMENT||If you exclude yourself from the Class, you will receive no payment pursuant to this Settlement. You may be able to seek recovery against the Defendants or other Released Parties through other litigation. Exclusions must be received no later than October 27, 2017.|
|OBJECT TO THE SETTLEMENT||Write to the Court and explain why you do not like the Settlement, the proposed Plan of Allocation, or the request for attorneys’ fees and reimbursement of Litigation Expenses. You cannot object to the Settlement unless you are a member of the Class and do not validly exclude yourself. Objections must be received by the Court and counsel on or before October 27, 2017.|
|GO TO A HEARING||You may attend the hearing to speak in Court about the fairness of the Settlement, the proposed Plan of Allocation, or Lead Counsel’s request for attorneys’ fees and reimbursement of Litigation Expenses. You cannot object to the Settlement unless you are a member of the Class and do not validly exclude yourself. The Settlement Hearing will take place on November 17, 2017 at 1:45 p.m.|
|DO NOTHING||Receive no payment, remain a Class Member, give up your rights to seek recovery against the Defendants and the other Released Parties through other litigation and be bound by the Judgment entered by the Court if it approves the Settlement, including the release of the Released Claims.|