BofA loses bid to OK Countrywide suit settlement (Reuters via Yahoo! News)

A Delaware judge rejected Bank of America Corp’s effort to settle a shareholder lawsuit over its 2008 purchase of mortgage lender Countrywide Financial Corp, saying the settlement would wrongly scuttle potential fraud claims.

Judge derails Countrywide’s bid to settle shareholder lawsuit (Chicago Tribune)

The agreement would improperly wipe out some investor claims over the mortgage lender’s $2.5-billion takeover by Bank of America, a Delaware jurist rules. Countrywide Financial Corp. lost a bid to settle a shareholder lawsuit over its $2.5-billion takeover by Bank of America Corp. when a judge ruled the agreement would improperly wipe out some investor [...]

Judge rejects settlement in Countrywide suit (The Charlotte Observer)

Countrywide Financial Corp. lost a bid to settle a shareholder lawsuit over its $2.5 billion takeover by Bank of America Corp. when a judge ruled the agreement would improperly wipe out some investor claims.

Oaktree move on Countrywide heralds new wave (Financial Times)

When Countrywide, the UK’s largest estate agency, showed signs of strain last year, there were few expressions of surprise. Here was a highly indebted, private equity-owned company in a sector that is often an early victim of recession.

Customer Service (Brandon Sun)

TORONTO – “Canadian Idol” may be shelved for the year but young singers in this country can still search for television fame via “The Next Star.” YTV has announced details of its countrywide open casting call for Season 2 of “The Next Star,” a reality series for singers aged 15 and under.

Countywide Loses Bid for Suit Settlement Approval (Update1) (Bloomberg)

April 1 (Bloomberg) — Countrywide Financial Corp. lost a bid to settle a shareholder lawsuit over its $2.5 billion takeover by Bank of America Corp. when a Delaware judge ruled the agreement would have improperly wiped out some investors’ claims against the mortgage lender.

South Africa: Over Six Million Citizens Using Mzansi Bank Accounts (AllAfrica.com)

Johannesburg — Since its inception in 2004, over six million South Africans have opened Mzansi bank accounts which provide previously un-banked clients easy access to banking services countrywide.

Zimbabwe: Cholera Cases Subside Countrywide (AllAfrica.com)

THE cholera epidemic in the country has passed its worst, with both the rate of infection and fatalities falling, according to the World Health Organisation.

Uganda: Sh4 Billion Saved in Community Service (AllAfrica.com)

Kampala — The Government has saved over sh4b since the introduction of community service in 2001, an official has said. Paul Kintu, the commissioner in-charge of community service, said over 17,000 offenders had been sentenced to communal service countrywide in the last eight years.

Angola: Voters’ Registration Update Stage Kicks Off Wednesday (AllAfrica.com)

Luanda — The update stage of the electoral registration is due to start on Wednesday countrywide, Angop has learnt.

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