June 28, 2019
Investors said they provided a "remarkable degree of direct evidence" to support allegations that Citigroup, Goldman Sachs, JPMorgan and others colluded to fix bond prices for government-sponsored entities, urging a New York federal court on Thursday to keep their claims alive.
June 14, 2019
Major banks accused of working together to fix bond prices for government-sponsored entities, including Fannie Mae and Freddie Mac, have urged a New York federal judge to throw out the lawsuit against them, saying investors bringing the suit cannot substantiate their "impossibly broad" conspiracy claims.
May 03, 2019
A New York federal judge has tapped litigation firms Scott & Scott LLP and Lowey Dannenberg PC to head up a proposed class action on behalf of investors who say major banks plotted for several years to fix Fannie Mae and Freddie Mac bond prices.
February 25, 2019
Bank of America, JP Morgan and a host of other big-name banks have been slapped with a proposed class action accusing them of working together to manipulate the price of Fannie Mae and Freddie Mac bonds.