Countrywide To Pay $1.2M To Settle WARN, Severance Claims

By Scott Flaherty (October 10, 2012, 1:49 PM EDT) -- Bank of America Corp.'s Countrywide Financial Corp. agreed to pay $1.2 million to end a proposed class action alleging that the company failed to provide notice of an impending layoff and unfairly reduced severance pay, according to a filing submitted Friday in California federal court....

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