Wednesday, October 23, 2013

Jury Finds Against BOA, Based on Countrywide Unit's Pre-Acquisition Sales to Fannie and Freddie

This just in from the WSJ (subscription required). The WSJ headline is misleading, as the unit in question was located within Countrywide Financial Corporation, and the actions at the heart of the case occurred prior to Countrywide's acquisition by BOA. The Forbes story is here.
(wisenberg)

http://lawprofessors.typepad.com/whitecollarcrime_blog/2013/10/jury-finds-against-boa-based-on-countrywides-units-pre-acquisition-sales-to-fannie-and-freddie.html

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