AI
Tuesday, October 07, 2014 11:53:54 AM
New Speaker, Ralph Nader, to make opening remarks !
Investor Unite's Tim Pagliara Hosts GSE Legal Update Call with Ralph Nader and Richard Epstein
Investors Unite Briefing: 'What's Next?' in Legal Challenges to Unlawful Conservatorship of Freddie Mac and Fannie Mae
WHEN: Tuesday, October 7, 2014; 11:00 AM EDT
DIAL: Toll Free: 866-952-1906 Conference ID: GSE
NOTE: Please RSVP to media@investorsunite.com
**11:00 AM TODAY: Dial-in: 866-952-1906; Conference ID: GSE
WASHINGTON – In the wake of District Court Judge Royce Lamberth's dismissal of lawsuits brought by Perry Capital and Fairlhome Funds, Investors Unite Executive Director Tim Pagliara will hold a media teleconference call on Tuesday, October 7, 2014, at 11:00 am EDT to provide a status update and strategy assessment of all current litigation challenging the U.S. Treasury's conservatorship of Fannie Mae and Freddie Mac and the 'zombification' of shareholders through the Third Amendment profit sweep. Ralph Nader, shareholder activist, will make opening remarks.
On Tuesday, September 30, U.S. District Judge Royce Lamberth dismissed challenges stemming from the 2012 U.S. government's sweep of Fannie and Freddie Profits. Judge Lamberth's decision has created more uncertainty for investors. Discussants will examine the status of concurrent cases in the U.S. Court of Federal Claims and in the Southern District Court in Iowa, which address the constitutional issues of the unlawful seizure of property. Will the discovery process granted by Judge Sweeney in the U.S. Court of Federal Claims reveal possible collusion between the Federal Housing Finance Administration (FHFA) and the U.S. Treasury Dept.? And if investors prevail in these concurrent cases, what are the prospects for appeal of Judge Lamberth's decision before the Federal Circuit?
Tim Pagliara is Executive Director Investors Unite coalition, a shareholder invested in Fannie Mae and Freddie Mac and Chairman and CEO of CapWealth Advisors.
Ralph Nader is a consumer advocate and former presidential candidate. Mr. Nader is seeking to protect shareholder rights and he is specifically interested in the abuses of Fannie Mae/Freddie Mac shareholders caused by high level government deceptive statements to shareholders in 2008 followed by the government conservatorship. Nader has long fought against the systemic corporate disempowerment of investors in large public corporations, but believes the mistreatment of the Fannie Mae and Freddie Mac shareholders is uniquely reprehensible and a bad precedent. Mr. Nader is also a Fannie Mae and Freddie Mac shareholder.
Richard A. Epstein is an influential legal scholar and the Laurence A. Tisch Professor of Law at the New York University School of Law. He is also an Adjunct Scholar at the Cato Institute, the Peter and Kirsten Bedford Senior Fellow at Stanford University's Hoover Institution, the James Parker Hall Distinguished Service Professor of Law Emeritus and a Senior Lecturer at the University of Chicago Law School, and a policy advisor for The Heartland Institute.
Investor Unite's Tim Pagliara Hosts GSE Legal Update Call with Ralph Nader and Richard Epstein
Investors Unite Briefing: 'What's Next?' in Legal Challenges to Unlawful Conservatorship of Freddie Mac and Fannie Mae
WHEN: Tuesday, October 7, 2014; 11:00 AM EDT
DIAL: Toll Free: 866-952-1906 Conference ID: GSE
NOTE: Please RSVP to media@investorsunite.com
**11:00 AM TODAY: Dial-in: 866-952-1906; Conference ID: GSE
WASHINGTON – In the wake of District Court Judge Royce Lamberth's dismissal of lawsuits brought by Perry Capital and Fairlhome Funds, Investors Unite Executive Director Tim Pagliara will hold a media teleconference call on Tuesday, October 7, 2014, at 11:00 am EDT to provide a status update and strategy assessment of all current litigation challenging the U.S. Treasury's conservatorship of Fannie Mae and Freddie Mac and the 'zombification' of shareholders through the Third Amendment profit sweep. Ralph Nader, shareholder activist, will make opening remarks.
On Tuesday, September 30, U.S. District Judge Royce Lamberth dismissed challenges stemming from the 2012 U.S. government's sweep of Fannie and Freddie Profits. Judge Lamberth's decision has created more uncertainty for investors. Discussants will examine the status of concurrent cases in the U.S. Court of Federal Claims and in the Southern District Court in Iowa, which address the constitutional issues of the unlawful seizure of property. Will the discovery process granted by Judge Sweeney in the U.S. Court of Federal Claims reveal possible collusion between the Federal Housing Finance Administration (FHFA) and the U.S. Treasury Dept.? And if investors prevail in these concurrent cases, what are the prospects for appeal of Judge Lamberth's decision before the Federal Circuit?
Tim Pagliara is Executive Director Investors Unite coalition, a shareholder invested in Fannie Mae and Freddie Mac and Chairman and CEO of CapWealth Advisors.
Ralph Nader is a consumer advocate and former presidential candidate. Mr. Nader is seeking to protect shareholder rights and he is specifically interested in the abuses of Fannie Mae/Freddie Mac shareholders caused by high level government deceptive statements to shareholders in 2008 followed by the government conservatorship. Nader has long fought against the systemic corporate disempowerment of investors in large public corporations, but believes the mistreatment of the Fannie Mae and Freddie Mac shareholders is uniquely reprehensible and a bad precedent. Mr. Nader is also a Fannie Mae and Freddie Mac shareholder.
Richard A. Epstein is an influential legal scholar and the Laurence A. Tisch Professor of Law at the New York University School of Law. He is also an Adjunct Scholar at the Cato Institute, the Peter and Kirsten Bedford Senior Fellow at Stanford University's Hoover Institution, the James Parker Hall Distinguished Service Professor of Law Emeritus and a Senior Lecturer at the University of Chicago Law School, and a policy advisor for The Heartland Institute.
