U.S. EX REL. O'DONNELL v. COUNTRYWIDE HOME LOANS

Docket Nos. 15-496, 15-499.

822 F.3d 650 (2016)

UNITED STATES ex rel. Edward O'DONNELL, Plaintiff-Appellee, v. COUNTRYWIDE HOME LOANS, INC., Countrywide Bank, FSB, Bank of America, N.A., and Rebecca Mairone, Defendants-Appellants, Countrywide Financial Corp. and Bank of America Corp., Defendants.

United States Court of Appeals, Second Circuit.

Decided: May 23, 2016.


Attorney(s) appearing for the Case

Kannon K. Shanmugam , Williams & Connolly LLP, Washington, DC ( Brendan V. Sullivan, Jr. , Enu A. Mainigi , Craig D. Singer , Williams & Connolly LLP, Washington, DC; Richard M. Strassberg , William J. Harrington , Goodwin Procter LLP, New York, NY, on the brief), for Defendants-Appellants Countrywide Home Loans, Inc., Countrywide Bank, FSB, and Bank of America, N.A.

E. Joshua Rosenkranz , Orrick, Herrington & Sutcliffe LLP, New York, NY ( Robert M. Loeb , Kelsi Brown Corkran , Orrick, Herrington & Sutcliffe LLP, Washington, DC; Marc L. Mukasey , Michael C. Hefter , Ryan M. Philp , Seth M. Cohen , Bracewell & Giuliani LLP, New York, NY, on the brief), for Defendant-Appellant Rebecca Mairone.

Pierre G. Armand , Assistant United States Attorney ( Joseph N. Cordaro , Carina H. Schoenberger , Benjamin H. Torrance , Assistant United States Attorneys, on the brief), for Preet Bharara, United States Attorney for the Southern District of New York, New York, NY, for Plaintiff-Appellee.

Seth P. Waxman , Daniel Aguilar , Sina Kian , Wilmer Cutler Pickering Hale and Dorr LLP, Washington, DC; Noah A. Levine , Alan E. Schoenfeld , Wilmer Cutler Pickering Hale and Dorr LLP, New York, NY, for Amici Curiae The Clearing House Association, L.L.C., American Bankers Association, Financial Services Roundtable, and Chamber of Commerce of the United States of America.

Dennis M. Kelleher , Better Markets, Inc., Washington, DC, for Amicus Curiae Better Markets, Inc.

Before: RAGGI, WESLEY, and DRONEY, Circuit Judges.


When can a breach of contract also support a claim for fraud? This question — long an issue in common-law courts — comes before us in the context of a judgment in the United States District Court for the Southern District of New York (Rakoff, J.), imposing civil penalties exceeding $1.2 billion on Defendants...

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