September 25, 2012
A New York federal judge on Monday tossed for good a proposed class action accusing Freddie Mac of misleading investors, finding that the government-backed mortgage buyer's consistent transparency during the housing bust belied the allegations.
March 31, 2011
A New York federal judge tossed a proposed class action Wednesday against government-backed mortgage buyer Freddie Mac, ruling that the pension funds that brought the case hadn't explained why alleged misrepresentations by company executives were false.