2nd Circ. Scraps Investor Suit Against Freddie Mac

By Stephanie Russell-Kraft (November 5, 2013, 4:54 PM EST) -- The Second Circuit on Tuesday refused to revive a class action in which investors claimed they'd been misled about Freddie Mac's financial condition ahead of the subprime mortgage crisis, saying the investors failed to show their losses had been caused by Freddie's misstatements....

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