Fannie Mae-No Politics (FNMA)

[Patswil]

Katie Buehler
@bykatiebuehler
·
1h
Counsel for
@FannieMae
&
@FreddieMac
shareholders once again moved for a mistrial in their trial against
@FHFA
after revealing the final jury note sent Friday told the court for the third time the jury is sharply divided. The court denied that motion.
Katie Buehler
@bykatiebuehler
·
1h
The court will give jurors an anti-deadlock instruction advising them they are not required to reach a verdict.
Katie Buehler
@bykatiebuehler
·
31m
The court explained he denied the mistrial motion because the notes have never described the jury as a "hung" jury. The shareholders and FHFA have both argued the notes are essentially hung jury notes.
Katie Buehler
@bykatiebuehler
·
2h
A DC federal jury was still deadlocked after roughly 18 hours of deliberation over
@FannieMae
&
@FreddieMac
shareholders' claims the
@FHFA
improperly amended stock purchase agreements to allow the U.S. Treasury to sweep up the companies' net profits.