Thursday, September 28, 2023
Courthouse News Service
Thursday, September 28, 2023 | Back issues
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Teamsters v. Countrywide

LOS ANGELES - The Western Conference of Teamsters Pension Trust Fund, the biggest multi-employer pension plan in the country, claims Countrywide Financial Corp. misrepresented the quality of the mortgages it pooled and securitized. The Teamsters also sued a slew of major financial institutions involved in the issues, in a class action in Superior Court.

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