Countrywide To Pay $600 Mln To Settle Class Actions

Countrywide Financial has agreed to pay $600 million to settle several class actions brought by shareholders charging the lender with failing to disclose its growing risks during the subprime crisis.

  • 03 Aug 2010
Countrywide Financial has agreed to pay $600 million to settle several class actions brought by shareholders charging the lender with failing to disclose its growing risks during the subprime crisis. The shareholder settlement, said to be the largest on record, does not include investments in mortgage-backed securities sold ...

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1 BNP Paribas 14,443 29 18.07
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3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

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