$FNMA #FANNIEGATE shoutout to how much lamberth sucks
The Saxton Plaintiffs filed their Response with the JPMDL this afternoon, and a copy is attached to this e-mail message. The Saxton Plaintiffs oppose FHFA's transfer and consolidation request because (i) the facts in their case differ from the cases Judge Lamberth dismissed and (ii) they don't believe Judge Lamberth would give their lawsuit fair consideration. The Saxton Plaintiffs support Ms. Robinson's selection of the Eastern District of Kentucky as a transferee district rather than the Districts of Columbia or Delaware, observing that Judge Thapur in Kentucky is far more expeditious than Judge Lamberth in D.C. resolving cases on his docket. The Saxton Plaintiffs echo Ms. Robinson's advice not to consolidate their cases with the Delaware and Virginia cases because those shareholders' cases are rooted in state law.MDL 2713-0019
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Glen Bradford
Investor · Builder · Writer
MBA from Purdue. Former hedge fund manager. Holds 26 series of Fannie Mae and Freddie Mac junior preferred stock. Built Cloud Nimbus for Salesforce consulting. Author of Act As If. Writes about investing, building things, and the longest financial fraud in American history.
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