FAIRHOLME FUNDS, INC. et al v. FEDERAL HOUSING FINANCE AGENCY, et al
Case Number:
1:13-cv-01053
Court:
Nature of Suit:
Judge:
Firms
Companies
- Acadia Insurance Co.
- Carolina Casualty Insurance Co.
- Federal National Mortgage Association
- Freddie Mac
- Midwest Employers Casualty Co.
- Nautilus Insurance Co.
Government Agencies
Sectors & Industries:
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October 25, 2023
Fannie, Freddie Investors Keep Interest For $299M Jury Win
A Washington federal judge has granted prejudgment interest for the $299 million portion of a $612 million jury verdict won in August by certified classes of Fannie Mae and Freddie Mac shareholders who accused the government of wrongfully amending stock purchase agreements to obtain the enterprises' profits for itself.
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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 28, 2018
Fannie, Freddie, Feds Can't Slip 3 'Net Worth Sweep' Suits
A D.C. federal judge allowed part of a trio of lawsuits against Fannie Mae, Freddie Mac and the Federal Housing Finance Agency to advance on Friday, posing a possible threat to the federal government's profits-harvesting "sweep" of the firms it took over during the financial crisis.