$FNMA #FANNIEGATE
The government tells Chief Judge Sweeney the Fisher and Reid Plaintiffs are misreading what the Fifth Circuit says in the Collins decision about shareholder standing and derivative claims, and copies of the government's filings are attached to this e-mail message.
The parties have agreed FHFA's brief will be filed on or before Dec. 12; Mr. Angel will file any reply brief on or before Jan. 22; and any final briefs will be filed on or before Feb. 12, and the documents requesting and memorializing this briefing schedule are attached to this e-mail message.
In the filing attached to this e-mail message, the Rafter Plaintiffs tell Chief Judge Sweeney the Fifth Circuit's Collins decision is in the minority among the U.S. Circuit Courts of Appeal and, in short, urge her to ignore it.