Federal Judge Certifies Class In IndyMac Securities Class Action Lawsuit

LOS ANGELES - Although a shareholder's adequacy to represent a class of shareholders in a securities class action lawsuit against IndyMac Financial Inc. and its former chief executive officer may be in question, he has still met all statutory requirements for class certification, a federal judge in California ruled Nov. 15 (Sven Mossberg v. IndyMac Financial, Inc., et al., No. 07-1635, C.D. Calif.). 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