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Wednesday, May 22, 2024 2:38:18 PM
I don't believe this is correct. You can buy until final judgment is entered and we won't have that until the appeals process is exhausted...meanwhile interest continues to accrue.
In sum, the Court will award simple interest on the damage award of $299.4 million, accruing from the date August 17, 2012 until the date on which judgment is entered at a fixed rate of 5% over the Federal Reserve discount rate as of August 17, 2012.
https://casetext.com/case/fairholme-funds-inc-v-fed-hous-fin-agency-in-re-fannie-maefreddie-mac-senior-preferred-stock-purchase-agreement-class-action-litigations
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