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California, Illinois AGs Sue Countrywide; Shareholders Approve Merger Anyway
Jun 25, 2008As shareholders gathered in Calabasas, Calif. on Wednesday for a key vote over Bank of America’s proposed takeover of Countrywide Financial Corp. [stock CFC][/stock] — eventually approving the merger by a wide margin — two state Attorneys General said they had sued Countrywide over alleged unfair and deceptive conduct. California AG Edmund Brown and Illinois AG Lisa Madigan became the latest to pile on legal liabilities to the nation’s largest lender and servicer, with separate lawsuits filed just ahead of the key shareholder vote.
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Are pending home sales really negative?
Jun 10, 2008 -
Next Up: Foreclosure Mess Heading into Suburbs
Jun 03, 2008 -
A Tale of Two Housing Markets: There’s REO, and Then There’s Everything Else
Jun 02, 2008 -
California’s Prices Off 28 Percent From Peak; Housing Risk in Los Angeles Soars
Jun 02, 2008 -
Don’t Look Now, But SoCal Home Sales Surged in April
May 19, 2008 -
Price Declines Spreading to California’s Luxury Home Market
May 19, 2008 -
Countrywide Shareholder Suit Can Continue, Judge Rules
May 15, 2008 -
Southern California’s Housing Market Still Frozen: Report
Apr 15, 2008 -
Countrywide, BofA See Some Merger Class-Action Claims Halted
Mar 31, 2008 -
DOJ Busts Large California Mortgage Fraud Ring
Mar 25, 2008
