Countrywide Whistleblower Awarded $57 Million Over BofA Deals – ValueWalk Premium
Countrywide Financial
18Dec2014

Countrywide Whistleblower Awarded $57 Million Over BofA Deals

A former executive of Countrywide Financial will receive a whistleblower reward of over $57 million for his role in bringing a lawsuit against Bank of America Corp.

Edward O’Donnell is receiving the award due to a federal civil lawsuit he filed under the False Claims Act which the federal government joined and used as the basis for forcing Bank of America into a settlement.
Countrywide Financial whistleblower lawsuit
Former Countrywide employee O'Donnell filed a lawsuit

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Author

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

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