B of A Unit, KPMG to Pay $624M

May 2010
American Banker;5/10/2010, Vol. 175 Issue 71, p12
Trade Publication
Countrywide Financial Corp., a unit of Bank of America Corp., and KPMG LLP have agreed to pay $624 million to settle a class action lawsuit by shareholders for alleged misstatements and omissions about Countrywide's lending policies and procedures.


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