March 28, 2012
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.
July 05, 2011
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.