18-00371-0001 CSS, LLC, filed a lawsuit against the government in the U.S. Court of Federal Claims last week, and a copy of the complaint is attached to this e-mail message. Akanthos is represented by the same team of Jones Day lawyers representing Owl Creek, Appaloosa and Akanthos. CSS acquired nearly $16 million of junior preferred stock following conservatorship and prior to the Net Worth Sweep. Because this case is related to the other cases complaining about the Net Worth Sweep, it’s been assigned to Judge Sweeney.
Akanthos Opportunity Master Fund, L.P., filed a lawsuit against the government in the U.S. Court of Federal Claims last week, and a copy of the complaint is attached to this e-mail message. Akanthos is represented by the same team of Jones Day lawyers representing Owl Creek and Appaloosa. Akanthos owned more than $137 million of junior preferred stock as of Aug. 16, 2016. Because this case is related to the other cases complaining about the Net Worth Sweep, it’s been assigned to Judge Sweeney. 18-00369-0001