Phh

ALERT: Rowley Law PLLC Is Investigating Proposed Acquisition of PHH Corporation

Rowley Law PLLC is investigating potential claims against PHH Corporation (NYSE: PHH) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Ocwen Financial Corporation. Stockholders will receive $11.00 for each share of PHH Corporation stock that they hold. The transaction is valued at approximately …


Counsel’s Corner: DS News Interviews Benjamin Diehl – Challenge of CFPB’s Constitutionality Begins

Benjamin Diehl is a partner with Stroock, Stroock & Lavan. Diehl practices in both the Financial Services/Class Action and Government Relations Practice Groups. Diehl recently discussed with DS News the trial in the case of PHH Corp. v. CFPB and the implications of the case for the financial industry. PHH, a nonbank mortgage lender based in New Jersey, is challenging the constitutionality of the Consumer Financial Protection Bureau and Director Richard Cordray …