Fannie/Freddie Consolidated Class Action
Judge Lamberth released his decision on the plan of allocation this afternoon and entered a final judgment. The 32 shareholders (other than the Berkley Plaintiffs) who opted out of the class will not share in the recovery and he will reserve ruling on any undistributed funds. In all other respects, the shareholders' plan of allocation has the Court's blessing. Copies of today's filings are attached to this e-mail message.
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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.