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View Full Version : Bank of America not liable for fraud in Countrywide case, appeals court finds - Los A



FraudNews
05-23-2016, 06:47 PM
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Los Angeles Times (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNE7CSfC66NZXgLrOm8qaqe77BcDdw&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779116426088&ei=SlBDV-i5GY7q3QGuyZaoBQ&url=http://www.latimes.com/business/la-fi-countrywide-fraud-case-20160523-snap-story.html)


Bank of America not liable for fraud in Countrywide case, appeals court finds (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNE7CSfC66NZXgLrOm8qaqe77BcDdw&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779116426088&ei=SlBDV-i5GY7q3QGuyZaoBQ&url=http://www.latimes.com/business/la-fi-countrywide-fraud-case-20160523-snap-story.html)
Los Angeles Times
Bank of America Corp. was not liable for fraud nor subject to a penalty of more than $1.2 billion for its actions before the economy collapsed in 2008 despite a jury's finding to the contrary, a federal appeals court ruled Monday. The U.S. 2nd Circuit ...
Bank of America wins reversal of $1.27 billion penalty in US mortgage case (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEsYHAkA3HilnLWHYLyAsXaSg-vcA&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779116426088&ei=SlBDV-i5GY7q3QGuyZaoBQ&url=http://www.cnbc.com/2016/05/23/bank-of-america-wins-reversal-of-127-billion-penalty-in-us-mortgage-case.html)CNBC
Appeals court reverses fraud finding against Bank of America (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNHehzyM7shEdVJ7HznsRACw1eom8g&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779116426088&ei=SlBDV-i5GY7q3QGuyZaoBQ&url=http://krqe.com/2016/05/23/appeals-court-reverses-fraud-finding-against-bank-of-america/)KRQE News 13
Big win for Bank of America as court overturns $1.3 billion penalty in 'Hustle' fraud case (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNGnlVoray5Gd8gDiZ57X6wifVauAQ&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779116426088&ei=SlBDV-i5GY7q3QGuyZaoBQ&url=http://www.bizjournals.com/charlotte/news/2016/05/23/big-win-for-bank-of-america-as-court-overturns-1-3.html)Charlotte Business Journal

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