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Home » Store » News » Mozilo Agrees to Pay $67.5 Million to Settle SEC Charges of Misleading Investors Over Subprime

Mozilo Agrees to Pay $67.5 Million to Settle SEC Charges of Misleading Investors Over Subprime

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Former Countrywide Financial CEO Angelo Mozilo agreed to pay $67.5 million to settle charges from the Securities and Exchange Commission that he engaged in insider trading and misled investors over his firm’s growing exposure to credit risk as the subprime crisis began to spread. Mozilo will pay...
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