$FNMA #FANNIEGATE
The Class Plaintiffs delivered a proposed surreply to Judge Lamberth this afternoon to clarify that, although FHFA wants to argue that shareholders' claims aren't ripe for consideration, they're ripe because the Net Worth Sweep eviscerated shareholders' economic interests in their securities and because the D.C. Circuit said they are ripe in the Perry decision. A copy of today's filing is attached to this e-mail message.13-mc-01288-0078
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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.