Fannie, Freddie Hit With Unpaid-Taxes Suit In W.Va.

Law360, Washington (July 2, 2012, 2:00 PM EDT) -- A West Virginia county hit the agency overseeing Fannie Mae and Freddie Mac with a putative class action in federal court Thursday in an effort to collect tens of millions of dollars in excise taxes allegedly left unpaid by the housing giants.

Wyoming County Clerk D. Michael Goode filed the complaint against the Federal Housing Finance Agency, Fannie Mae and Freddie Mac, alleging the companies falsely represented themselves as government entities for tax exemption purposes even though they are publicly traded private companies.

West Virginia charges...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Goode v. Federal Housing Finance Agency


Case Number

5:12-cv-02430

Court

West Virginia Southern

Nature of Suit

Other Statutory Actions

Judge

Irene C. Berger

Date Filed

June 27, 2012

Law Firms

Companies

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.