I know this is a bit dated – but perhaps some of you missed it.
NEW YORK (Reuters) -New York City and state on Friday expanded a shareholder class-action law suit filed against top U.S. mortgage lender Countrywide Financial Corp (CFC.N), naming additional company officers and directors, 26 underwriters and two accounting firms as defendants.
A Countrywide spokeswoman had no immediate comment.
The names of the Countrywide officers and directors added to the defendants’ list were not released on Friday.
The list of underwriters named as defendants includes some of the world’s largest investment banks.
“Countrywide’s underwriters had a duty to investigate whether Countrywide was acting honestly,” DiNapoli said. “Instead, the underwriters and accountants enabled Countrywide to release false statements.”
The underwriters sued were: ABN Amro Inc (ABNA.KA), AG Edwards & Sons, Inc. (AGE.N), Banc of America Securities LLC (BAC.N), Barclays Capital Inc. (BARC.L), BNP Paribas Securities, (BNPP.PA), BNY Capital Markets, Inc. (BK.N), Citigroup Global Markets Inc. (C.N), Countrywide Securities Corporation, Deutsche Bank Securities Inc. (DBKGn.DE), Dresdner Kleinwort Wasserstein Securities Inc (DRSDgd.F), Goldman, Sachs & Co. (GS.N), Greenwich Capital Markets, Inc., HSBC Securities (USA) Inc. (HSBA.L), J.P. Morgan Securities Inc. (JPM.N), Lehman Brothers Inc. (LEH.N), Merrill, Lynch, Pierce, Fenner & Smith Inc. (MER.N), Morgan Stanley & Co. Inc. (MS.N), RBC Capital Markets Corporation (RYTntp.TO), RBC Dominion Securities Inc., RBC Dain Rauscher Inc., Scotia Capital Inc., SG Americas Securities, TD Securities Inc. (TD.TO), UBS Securities LLC (UBSN.VX), Wachovia Capital Markets LLC and Wachovia Securities, Inc. (WB.N).
Remember this jingle “Countrywide is on your side” . BAH