Recent Posts

Court OKs $624 Million Payout To Countrywide Investors
Posted on 1 Mar 2011 by LexisNexis Litigation Resource Community Staff

LOS ANGELES - (AP) A federal judge on Friday approved a $624 million settlement in a lawsuit brought by several New York public pension funds against fallen mortgage giant Countrywide Financial Corp. The settlement, a version of which was had been originally... Read More

Plaintiffs Seek Approval Of $153M Securities Settlement With Fannie Mae, KPMG
Posted on 8 May 2013 by Timothy Raub

WASHINGTON, D.C. - (Mealey's) Lead plaintiffs in a securities class action lawsuit against Fannie Mae and accounting firm KPMG LLP on May 7 asked a federal judge to approve a $153 million settlement that would end the lawsuit, which was brought in... Read More

Wachovia, KPMG Reach $627 Million Settlement With Investors
Posted on 9 Aug 2011 by Timothy Raub

NEW YORK - (Mealey's) In what Wachovia Corp. shareholders' attorneys are calling the single-largest recovery for claims brought "solely pursuant to" the Securities Act of 1933, the shareholders, Wachovia, certain of its affiliates and... Read More

$624 Million Proposed Settlement Announced In Countrywide Securities Class Action
Posted on 7 May 2010 by Dylan McGuire

LOS ANGELES — (Mealey’s) The lead plaintiffs in a consolidated class action complaint against former subprime mortgage lending giant Countrywide Financial Corp. (CFC) and others for alleged violations of federal securities laws announced a... Read More