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Defense in Countrywide Financial fraud case asks judge to allot more time for trial

Lawyers for founder Angelo Mozilo and two other former executives at the mortgage company say the case has grown far too complex to be tried in three weeks.

The federal civil fraud case against Countrywide Financial Corp. founder Angelo R. Mozilo and two other former company executives has grown far too complex to be tried in the three weeks allotted by the federal judge hearing the litigation, the defense says.

U.S. District Judge John J. Walters in Los Angeles should instead allow eight to 10 weeks for the trial, lawyers for the defendants said in a filing Monday.


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