Fannie/Freddie Consolidated Class Action
The Berkley Plaintiffs filed their reply brief this evening
The GSE’s still have a damage award of @.60 per share that will be affirmed, denied, or remanded back to the court for additional claims by the shareholders. The damage claims on remand could be in the billions of dollars. The current judgement has been reserved and is in the amount $850,000,000 plus continuing accrued interest.
250–56. In other words,
Plaintiffs demonstrated harm but could not demonstrate the total amount of harm
they suffered.
9USCA Case #25-5113 Document #2160327 Filed: 02/20/2026 Page 14 of 19
