Citing a lack of controlling precedent, the Ninth Circuit on Thursday asked the Delaware Supreme Court to decide whether shareholders can revive their derivative suit against former Countrywide Financial officials after a merger that divested them of ownership in the company.
Ninth Circuit kicks Countrywide shareholder case to another court
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Why are existing home prices rising when sales are still so low?
Existing home sales fell in today’s report, but home prices are still up year over year, even with higher inventory and higher mortgage rates.
