Fannie Mae, KPMG Slam Investors' Accounting Fraud Claims

By Erica Teichert · June 5, 2012, 7:16 PM EDT

Fannie Mae and auditor KPMG LLP on Tuesday told a Washington federal judge that the mortgage giant's $12 billion worth of accounting mistakes don't amount to securities fraud, despite allegations by...

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Case Information

Case Title

In Re FANNIE MAE SECURITIES LITIGATION

Case Number

1:04-cv-01639

Court

District Of Columbia

Nature of Suit

Securities/Commodities

Date Filed

September 23, 2004