main-img
Back to Home » October 2010 News » Countrywide CEO Mozilo settles with SEC for $67.5M

Countrywide CEO Mozilo settles with SEC for $67.5M

October 16, 2010

By JACOB ADELMAN 2010-10-16T04:43:03Z LOS ANGELES (AP) -- Countrywide Financial Corp. co-founder Angelo Mozilo has agreed to a $67.5 million settlement to avoid trial on civil fraud and insider trading charges that alleged he profited from doling out risky mortgages while misleading investors about the risks....

Source URL: http://hosted.ap.org/dynamic/stories/U/US_SEC_COUNTRYWIDE?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
Browse News