Legal Opinion
United States ex rel. O'Donnell v. Countrywide Home Loans, Inc.
District Court, S.D. New York
Decided July 30, 2014No. 12-cv-1422 (JSR)PublishedCited by 3 opinions
1Opinion of the Court
OPINION AND ORDER
JED S. RAKOFF, District Judge.
Early in the Great Recession, the Securities and Exchange Commission brought suit against the three most senior executives of Countrywide Financial Corporation,1 alleging that the company, at their behest, had falsely assured investors that, in the period from 2005 to 2007, it was *497primarily a prime quality mortgage lender, when in fact, “Countrywide was writing riskier and risker loans.” Compl. ¶ 4, SEC v. Mozilo, No. 09-cv-3994 (C.D. Cal. filed June 4, 2009). The case was settled without the defendants admitting or denying the allegations, and…
2Cases cited7 opinions
- Fed. Sec. L. Rep. P 98,813 Securities and Exchange Commission v. Ratilal K. PatelCourt of Appeals for the Second Circuit · 1995
- Securities & Exchange Commission v. HaligiannisDistrict Court, S.D. New York · 2007
- Advance Pharmaceutical, Inc., Tasrin Hossain, and Liaquat Hossain v. United StatesCourt of Appeals for the Second Circuit · 2004
- United States v. UddinCourt of Appeals for the Second Circuit · 2009
- United States v. KumarCourt of Appeals for the Second Circuit · 2010
2 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Fort Worth Employees' Retirement Fund v. J.P. Morgan Chase & Co.District Court, S.D. New York · 2014
- Starr International Company, Inc v. United StatesUnited States Court of Federal Claims · 2015
- United States ex rel. O'Donnell v. Countrywide Financial Corp.District Court, S.D. New York · 2015