Court OKs $624 Million Payout To Countrywide Investors

Court OKs $624 Million Payout To Countrywide Investors

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 hammered out last year, also calls for KPMG, Countrywide's accounting firm. . . . Full version available to lexis.com subscribers.