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2nd Circ. Sends $8.5B Countrywide Deal To NY Court

By Carolina Bolado (February 27, 2012, 6:48 PM EST) -- The Second Circuit on Monday remanded a dispute over an $8.5 billion settlement with holders of Countrywide Financial Corp. bonds to New York state court, saying the dispute falls within the securities exception under the Class Action Fairness Act....

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