Category Archives: investors
William Frey and David Grais Appear on Fox News to Defend Greenwich Suit Against Countrywide
Greenwich Financial Services CEO William Frey and his attorney, David Grais, of Grais & Ellsworth LLP appeared on Fox News on Tuesday to answer questions about their lawsuit against Countrywide (see other postings on this story). In the segment, linked … Continue reading
Hedge Fund Greenwich Financial Files Lawsuit Against Countrywide (BofA) Over Loan Modifications
As anticipated and previously discussed (see last week’s post), a hedge fund has indeed sued Countrywide Financial Corporation (now a part of Bank of America) over loan modifications Countrywide agreed to make under the terms of a settlement reached with … Continue reading
Investors Cry Foul at BofA Settlement of Countrywide Suits. Why the Resistance?
Not everyone is pleased with Bank of America’s record-setting $8.68 billion settlement of lawsuits against Countrywide by attorneys general across the country (see previous post here). Under the agreement, BofA, which acquired Countrywide in July of this year, agreed to … Continue reading
Not-So-Free Market: Group of Large Hedge Funds Expected to Sue FSA Over Short-Selling Ban
Thanks to Bryan Carter and the Tuscan Group for passing along this article on the litigation expected to arise from the U.K. regulator’s decision to ban short-selling for financial company stocks. On September 18, England’s Financial Services Authority (FSA) announced … Continue reading
