Freddie and Fannie Shareholder Lawsuit

Corporations, Securities & Antitrust and Financial Services & E-Commerce Practice Group Teleforum

Preferred and common shareholders of Freddie Mac and Fannie Mae have not recently received earnings distributions or dividends, and the prospects for the short-term future would seem to depend on a pending shareholder lawsuit. After bailing out the two entities with a $180 billion loan, the Federal government is, under a total net worth sweep, claiming all profits as its own. Join us for a litigation update on this important case.

Featuring:

• Charles J. Cooper, Partner, Cooper & Kirk, PLLC

Preferred and common shareholders of Freddie Mac and Fannie Mae have not recently received earnings distributions or dividends, and the prospects for the short-term future would seem to depend on a pending shareholder lawsuit. After bailing out the two entities with a $180 billion loan, the Federal government is, under a total net worth sweep, claiming all profits as its own. Join us for a litigation update on this important case.

Featuring:

• Charles J. Cooper, Partner, Cooper & Kirk, PLLC

Call begins at 1:00 p.m. Eastern Time.

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