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IN RE: FANNIE MAE/FREDDIE MAC SENIOR PREFERRED STOCK PURCHASE AGREEMENT CLASS ACTION LITIGATIONS
Case Number:
1:13-mc-01288
Court:
Nature of Suit:
Multi Party Litigation:
Class Action, Derivative Litigation
Judge:
Firms
- Arnold & Porter
- Bancroft PLLC
- Bernstein Litowitz
- Boies Schiller
- Covington & Burling
- Dhillon Law Group
- Foley & Lardner
- Glancy Prongay
- Grant & Eisenhofer
- Guttman Buschner
- Kessler Topaz
- King & Spalding
- Kirkland & Ellis
- Lowey Dannenberg
- Mehri & Skalet
- O'Melveny & Myers
- Pomerantz LLP
- Seltzer Caplan
Companies
Government Agencies
Sectors & Industries:
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October 18, 2022
Fannie Mae, Freddie Mac Shareholders Seek $1.6B
Fannie Mae and Freddie Mac shareholders told a D.C. federal jury Tuesday they are seeking $1.6 billion in damages from the Federal Housing Finance Agency, alleging it improperly amended stock purchasing agreements to allow the U.S. Treasury to sweep up the companies' net worths.
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October 14, 2022
Fannie, Freddie Investors To Use Treasury Docs At Stock Trial
Fannie Mae and Freddie Mac shareholders can present at a trial starting Monday internal U.S. Department of the Treasury documents they claim support their class action allegation that the government improperly tweaked stock purchasing agreements to allow it to sweep up the companies' net worths, a D.C. federal judge has ruled.
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September 23, 2022
Judge Trims Fannie, Freddie Investors' Stock Profit Suit
A D.C. federal judge on Friday partially granted Fannie Mae and Freddie Mac summary judgment on the remaining claim in a class action alleging the government misstepped when tweaking stock purchasing agreements allowing it to "sweep" the companies' net worth.
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December 08, 2021
Fannie, Freddie Investors Win Class Cert. For Stock Profit Suit
A District of Columbia federal judge has given his blessing to three classes of Fannie Mae and Freddie Mac stockholders accusing the government of wrongfully tweaking stock purchasing agreements, divvying the classes up based upon type of stock at issue.
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September 30, 2014
Treasury, FHFA Duck Suits Over Fannie, Freddie Profit Sweep
A District of Columbia federal judge on Tuesday threw out a class action and three individual lawsuits brought against the U.S. Department of the Treasury and the Federal Housing Finance Agency for altering stock purchasing agreements and sweeping profits from Fannie Mae and Freddie Mac to the Treasury.
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