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Kreysar et al v. Syron et al
Case Number:
1:09-cv-00832
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
- Citigroup Inc.
- Credit Suisse Group AG
- Deutsche Bank AG
- JPMorgan Chase & Co.
- Morgan Stanley
- PricewaterhouseCoopers LLP
Sectors & Industries:
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March 28, 2012
Freddie Mac Investors Lose Class Cert. Bid In Fraud Suit
A New York federal judge on Tuesday denied Freddie Mac investors' request to proceed as a class in their securities fraud suit against the lender's former executives, saying the market for Freddie Mac stock is not efficient enough to justify class treatment.
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July 05, 2011
Citing High Court, Freddie Mac Investors Seek Cert.
Former Freddie Mac investors sought class certification Thursday in a suit in New York alleging the lender's executives lied to them ahead of an offering, looking to two recent U.S. Supreme Court decisions to further their cause.