US - The chief executive and directors of beleaguered mortgage lender Countrywide Financial have been accused of stock manipulation and allowing executives to profit from improper share transactions by the New England Teamsters & Trucking Industry Pension Fund.
The fund is suing Countrywide Financial's president and chief executive Angelo Mozilo, along with 13 other directors and officers, over alleged infringements of the US Securities and Exchange Act 1...
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