Fannie Mae (FNMA)

[tutt1126]

To establish a breach of the implied covenant of good faith and fair dealing in this case,
each class of plaintiffs must prove by a preponderance of the evidence that (1) FHFA's actions in
agreeing to the Net Worth Sweep arbitrarily or unreasonably violated shareholders' objectively
reasonable expectations under the shareholder contracts and (2) as a result, plaintiffs' shares
became less valuable.

Based on number 2, as a result, plaintiffs' shares became less valuable and that is why $612 millions is awarded.

Use your common sense!!
Based on number 2, pps will not be allowed to drop much lower. Pps will only be higher for some reason from unanimous verdicts