$FNMA KETCHUP #FANNIEGATE
The Delaware Plaintiffs advised the MDL Panel last week that they intend to strike Counts III through X of their Complaint initiating Jacobs v. FHFA, and a copy of the filing making that disclosure is attached to this e-mail message. With that change to the Complaint, the Delaware Plaintiffs will be asking Judge Sleet to rule solely on whether the Net Worth Sweep is inconsistent with Delaware and Virginia corporate statutes once he lifts the stay in Jacobs v. FHFA.MDL 2713-0035
Ms. Robinson advised the MDL Panel this week that her Amended Complaint in Robinson v. FHFA is no longer under seal and may be freely referenced in open court. A copy of Ms. Robinson's filing is attached to this e-mail message.MDL 2713-0036
Enjoyed this? Get more like it.
Glen's Musings — AI, investing, and building things. Occasional. Free.
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.
More in Fanniegate
Keep Exploring
Fanniegate Timeline & Evidence
The full timeline, 8 books, and the current status of recapitalization.
Read moreCurrent Positions
26 series of junior preferred stock across Fannie Mae and Freddie Mac.
Read moreFannie & Freddie Privatization Guide
Timeline, recap plan, and what privatization means for preferred and common shareholders.
Read moreScreenplayFANNIEGATE: The Hero Movie
One guy from Indiana who bet everything on Fannie Mae and wouldn't shut up. Full screenplay.
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.