DJSP Enterprises Prospectus The foreclosure crisis has an unusual capital markets twist. A law firm at the center of the controversy in Florida, the Law Offices of David J. Stern, sold its foreclosure-servicing business to a special purpose acquisition company, or SPAC, the Chardan 2008 China Acquisition Corporation, less than.
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DJSP Enterprises, Inc., the largest provider of processing services for the mortgage and real estate industries in Florida, announced on October 15 that the audit committee of its board of directors has commenced an internal investigation with respect to compliance with applicable legal requirements of the company’s mortgage foreclosure.
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That’s according to a prospectus that a publicly traded affiliate of the Stern firm, DJSP Enterprises Inc., filed with securities regulators in June. If Stern’s foreclosure procedures present a.
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This prospectus supplement (this "Supplement") supplements the prospectus dated June 25, 2010 of DJSP Enterprises, Inc. (the "Company") as supplemented on August 6, 2010 (the "Prospectus"), relating to 23,733,009 ordinary shares and 4,429,166 warrants of the Company, that may be sold from time to time by the Selling Shareholders named in the Prospectus and 6,875,000 ordinary shares.