Countrywide Settles Junk Bond Investor Lawsuit 1304

Premises liability is another area of San-Diego-Personal-Injury-attorney.com

Countrywide Financial Corporation has agreed to pay $500 million to settle an investor lawsuit over the sale of junk bonds in 2008.San-Diego-Auto-Accident-lawyer.com The suit, led by the Iowa Public Employees Retirement System, was filed in 2010 after securities sold by Countrywide were downgraded to junk bonds. Countrywide was one of the largest subprime lenders in the U.S. San Diego personal injury attorney