Fannie Mae-No Politics (FNMA)

[Guido2]

Hold on to the pre-conservatorship shares and pre NWS that you still hold. Limit your trading to post NWS shares. Hopefully these are in different accounts and can be identified.

Regarding current lawsuits:

If derivative claims prevail, the corporations get the money/credit. All current shareholders benefit. Commons and preferred. It doesn't matter when the shares were purchased.

If direct claims (other than WF) prevail, the plaintiffs get compensated. NO ONE ELSE. Ofcourse, if you have pre-conservatorship or pre-NWS shares, the statutes of limitations won't apply to you (and others in your class) you could use the plaintiffs cases as precedent to file your own (class action?) lawsuit.

If Washington Federal prevails and is granted class action status, your pre-conservatorship shares benefit.

NOTE: Not a lawyer, but I do read a lot. Most of what I wrote above has been stated by others in other posts. Just not in the same words. Or in a single post.