Judge Lamberth entered an order yesterday allowing the jury to learn about Dr. Attari’s Bond Event Study and telling shareholders they can cross-examine him or present competing expert testimony, and a copy of that order is attached to this e-mail message.
FHFA, Fannie and Freddie submitted a filing yesterday explaining why their proposed jury instruction about the 10% cash dividend and 12% PIK penalty is correct, and a copy of that document is attached to this e-mail message.
Judge Lamberth’s courtroom deputy made a notation on the docket yesterday relating Jill Belack was the final witness for shareholders and they rested their case. FHFA, Fannie and Freddie began their defense by presenting testimony from James Lockhart, III (by video deposition), Tim Mayopolous (by video deposition) and Ross Kari (deposition read into the record). The trial will continue at 10:00 a.m. this morning.
