$153M Fannie Mae, KPMG Fraud Class Settlement Wins Nod

By Eric Hornbeck · December 6, 2013, 4:46 PM EST

A D.C. federal judge approved a $153 million class action settlement Friday for investors who accused housing giant Fannie Mae and accounting firm KPMG LLP of putting out misleading financial reports,...

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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