$FNMA #FANNIEGATE
Messrs. Jacobs and Hindes filed a Reply in support of their Motion to Amend their Complaint this evening. Messrs. Jacobs and Hindes tell Judge Sleet adding unjust enrichment claims to their Complaint doesn't create any delay because there's been no meaningful progress in this case in the past year. Additionally, Messrs. Jacobs and Hindes say shareholder notice is required in this case and directing the GSEs to file a Form 8-K is the most effecient and effective means of providing that notice. A copy of the Reply is attached to this e-mail message.15-00708-0053
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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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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.