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Wednesday, February 21, 2024
Courthouse News Service
Wednesday, February 21, 2024 | Back issues
Courthouse News Service Courthouse News Service

Commerce

Countrywide Cooperative claims in Indianapolis Federal Court that Morgan Keegan & Co. violated the Indiana Securities Act by advising it to spend $10 million on a "Golden Key" note, without disclosing that it consisted of subprime and mid-prime mortgages; the note was in default two months after purchase.

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