Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Does this mean that there are approximately 146,017 unique Shareholders in the Class Action?

"In accordance with that Order, and as detailed in the Declaration of Jack Ewashko
Regarding (A) Mailing of Notice of Class Action; (B) Publication of Summary Notice; and (C)
Report on Requests for Exclusion Received [ECF No. 153], Plaintiffs’ claims administrator, A.B.
Data, disseminated to potential Class Members and Nominees a total of 146,017 copies of the
Notice as approved by the Court (id. at ¶8)."

"On August 14, 2023, the jury returned a verdict in favor of Plaintiffs, finding that
(a) Plaintiffs proved by a preponderance of the evidence that FHFA, in its role as Conservator of
Fannie Mae and Freddie Mac, acted arbitrarily or unreasonably in entering into the Net Worth
Sweep, thereby violating the reasonable expectations of holders of Fannie Mae junior preferred
stock, Freddie Mac junior preferred stock, and Freddie Mac common stock; and (b) Plaintiffs
proved by a preponderance of the evidence that the Fannie Mae junior preferred shareholders, the
Freddie Mac junior preferred shareholders, and the Freddie Mac common shareholders sustained
harm as a result of the Net Worth Sweep. The jury awarded damages as follows:
? Fannie Mae junior preferred shareholders: $299.4M
? Freddie Mac junior preferred shareholders $281.8M
? Freddie Mac common shareholders $31.2M"