Lender Processing Services, Inc. (LPS) Files Motion to Dismiss Nevada Attorney General Complaint

JACKSONVILLE, Fla., Jan. 31, 2012 /PRNewswire/ — Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology, data, and analytics to the mortgage and real estate industries, today responded to the civil complaint filed by the Nevada Attorney General against the company in December 2011.

In the company’s Motion to Dismiss, LPS makes clear that the Attorney General’s complaint contains significant legal defects which require the court to dismiss the complaint with prejudice. Perhaps most significantly, LPS points out that the Attorney General’s complaint fails to allege that any document executed by subsidiaries of LPS was incorrect, contained errors, or caused any borrower financial harm.

“LPS filed this Motion to Dismiss in response to the allegations made by the Nevada Attorney General,” said Hugh Harris, LPS president and chief executive officer. “Although we have to defend ourselves against allegations that we believe are untrue, we remain committed to working with the Attorney General’s office to resolve these matters.”

Copy of the motion below…




Motion to Dismiss