Tuesday, August 16, 2022 | Back issues
Courthouse News Service Courthouse News Service

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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