Class Certification In Countrywide Mortgage-Backed Securities Suit Granted

LOS ANGELES - A federal judge in California on Nov. 21 granted a motion for class certification filed by shareholders in a securities class action against Countrywide Financial Corp. (CFC) and others, ruling that the shareholders have properly met all statutory guidelines for class certification (Maine State Retirement System, et al. v. Countrywide Financial Corp., et al., No. 10-0302, C.D. Calif.; See September 2011, Page 10). View today's headlines and listen to the latest podcast at www.lexisnexis.com/legalnews Do you have news to share? Interested in writing a commentary article? Email the Mealey News Desk at Mealeys@LexisNexis.com Full story on lexis.com