Fannie Mae (FNMA)

[Patswil]

Defendants’ Motion [143] for Summary Judgment (redacted version at [145]) is
GRANTED insofar as no genuine dispute remains on the fact of harm on the theory that plaintiffs
were denied dividends that they otherwise were reasonably certain to receive, and insofar as
plaintiffs’ proposed alternative remedy of rescission and restitution is barred as a matter of law;
and DENIED insofar as a genuine dispute of material fact remains on the fact of harm on the
theory that plaintiffs’ shares lost of much of their value, and in all other respects.
Plaintiffs’ Motion [144] for Partial Summary Judgment is DENIED.
The Memorandum Opinion was filed under seal because it references documents the parties filed under seal. It is hereby ORDERED that the parties meet and confer and jointly identify which, if any, parts of the Memorandum Opinion should remain sealed within five days.
IT IS SO ORDERED.
https://www.glenbradford.com/wp-content/uploads/2022/09/13-mc-01288-0189.pdf