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TRENTON, N.J. – Former NBA player and University of Connecticut star Tate George was sentenced Thursday to nine years in prison for running a real estate ponzi scheme. A federal judge in Trenton also ordered George to pay $2.5 million in restitution and serve three years of supervised release.
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Ocwen Financial Corporation institutional ownership is held at 57.80% while insider ownership was 1.90%. As of now, OCN has a P/S, P/E and P/B values of 0.15, 0 and 0.47 respectively. Its P/Cash is valued at 0.57.
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Benzinga’s Insider Buys Of The Week: Arconic, Ocwen Financial And More Insider buying can be an encouraging signal for potential investors. Post-earnings sell-offs prompted some insiders to buy.
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