Fannie Mae-No Politics (FNMA)

[kthomp19]

Totally agree ... didn't say 10%/warrants would be overturned; rather, they would be basis for calculating the value of taking.

Understood. Apologies for any misunderstanding on my part.

I did not realize WF filing had actually defined the proposed class as pre-cship owners? That's significant. If you get a moment, would be very grateful if you could just tell me where to look (much appreciated).

The Court Filings page on gselinks.com is a good resource for older documents, but it hasn't been updated in a while. You can find the original complaint there, dated June 10 2013.

The class allegation section is on page 59 (page 63 of the pdf). I can't copy and paste from it, but the class is all common and pref shareholders as of September 5 2008. They say "on or before" that date, but I doubt it covers shareholders who sold before that date. Either way, it certainly doesn't cover anyone who bought after September 5 2008.

Glen Bradford's website has links to all the filings, but they're not always easy to find. The one in this link is the most recent amended complaint, from last November.

The class allegation section here is on page 77 (page 82 of the pdf) and doesn't appear to be any different than that in the original complaint.

I bought my shares after 2008, and this is why I have paid relatively little attention to the Washington Federal case. That case is, at best, going to result in money damages only to pre-conservatorship shareholders. In my opinion the value to me, and other post-conservatorship shareholders, is in the discovery for this case. It is the only one that can get discovery conducted on documents going all the way back to 2008. I hope that the prospect of these documents being released gets the government to grant concessions (and move more quickly) in a global settlement to all cases.