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Prudential Can't Keep Countrywide MBS Claims Out Of MDL

By Ama Sarfo (August 7, 2013, 7:12 PM EDT) -- The Prudential Life Insurance Co. on Tuesday lost its battle to keep a lawsuit targeting Countrywide Financial Corp. over low-quality mortgage-backed securities out of California multidistrict litigation, when the U.S. Judicial Panel on Multidistrict Litigation said the Prudential and MDL cases shared commonalities....

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