NC Agencies Battle Over Role In Freddie Mac Suit

Law360, New York (October 30, 2008, 12:00 AM EDT) -- The North Carolina attorney general's office has accused state Treasurer Richard Moore and law firm Motley Rice LLC of inappropriately seeking to represent the plaintiffs in a securities class action against Freddie Mac, but thus far both the treasurer and the firm are refusing to back down.

In a letter dated Oct. 21 and obtained by Law360 from a source who wished to remain anonymous, Chief Deputy Attorney General Grayson G. Kelley requested that Motley Rice immediately withdraw its motion to appoint the treasurer lead plaintiff...
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