$FNMA #FANNIEGATE
Judge Sleet entered a Memorandum Order this afternoon allowing Messrs. Jacobs and Hindes to amend their complaint to reshuffle their legal theories. Judge Sleet finds that notice of this reshuffling to other shareholders is not required. A copy of Judge Sleet's Memorandum Order is attached to this e-mail message. Once Messrs. Jacobs and Hindes likely file their amended complaint next week and FHFA and Treasury's motions to dismiss that amended complaint will follow in late-March or April.15-00708-0061
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Read moreDisclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.