BENSALEM, Pa.–(BUSINESS WIRE)– Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of all persons or entities who purchased the common stock of Lender Processing Services, Inc. (“LPS” or the “Company”) (NYSE:LPS – News) between July 29, 2009 and October 4, 2010, inclusive (the “Class Period”). The class action lawsuit was filed in the United States District Court for the Middle District of Florida.
LPS provides integrated technology, mortgage processing services and outsourced services to the mortgage lending industry in the United States. The Complaint alleges that during the Class Period the Company and certain of its executive officers violated federal securities laws by issuing material misrepresentations to the market concerning the Company’s business, operations and financial performance, thereby artificially inflating the price of LPS securities.
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