Lender Processing Services Inc. directors hit with a shareholder derivative suit alleging their failure to go after higher-ups responsible for the “robosigning”

in STOP FORECLOSURE FRAUD

This is the way you do it shareholders! If anyone comes across this complaint, please shoot it over. Thx in advance.

Law 360-

Lender Processing Services Inc. directors were hit with a shareholder derivative suit Tuesday alleging their failure to go after higher-ups responsible for the “robosigning” of foreclosure documents and other faulty practices left the mortgage servicer on the hook for hefty legal expenses.

Shareholder Steven Hill claims in a complaint filed in Delaware Chancery Court that while Florida-based LPS has borne the high cost of resolving litigation over the business practices of subsidiaries LPS Default Solutions and DocX, including a recently announced $127 million settlement, the company's...

[LAW 360]