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Post# of 804292
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mike_usa

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mike_usa

Re: reyprimero post# 344325

Tuesday, 06/21/2016 8:30:47 PM

Tuesday, June 21, 2016 8:30:47 PM

Post# of 804292
From seeking alpha comments:

rockinjoe
Jun 21 07:16 PM
The Questions being asked could also mean the Govt is subject to damages....trying to interpret the questions as negative is ridiculous

Aloyisus
Jun 21 08:13 PM
Article III of the US Constitution provides that the judicial power "shall extend to ... Controversies to which the United Staes shall be made a party .... " Article III thus grants the federal courts subject matter jurisdiction over claims against the US.
Federal sovereign immunity does not bar restitution claims. Bowen v. Massachusetts, 487 US 879 (1988). Plaintiff-shareholders are not seeking damages against Treasury, but restitution.

http://seekingalpha.com/news/3189936-appeals-court-questions-plaintiffs-gse-case#/email_link
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