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Re: Barron4664 post# 793840

Friday, 05/24/2024 2:19:36 PM

Friday, May 24, 2024 2:19:36 PM

Post# of 796900

Can a judge or court ruling really make it go away because of a prior ruling of 800 million awarded to shareholders?



No. My claim that future actions by Treasury are unlikely to result in a successful implied covenant claim by shareholders have nothing to do with the $800M verdict.

FHFA-C under common law (implied covenants) has a duty to act in good faith and fair dealings in upholding the terms of the share certificates.



Yes, that is in essence what Lamberth and the jury decided.



As for the rest, given the facts that no new lawsuits have been filed in a while and that only one of the existing/past ones has succeeded (where "success" meant only a $800M money payment made by the companies), I don't see why you should be so confident that a future lawsuit would even be filed let alone eventually succeed. The only way to ensure even the first of those is to file your own lawsuit. Ball's in your court.

Got legal theories no plaintiff has tried? File your own lawsuit or shut up.

Posting about other posters is the last refuge of the incompetent.