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Re: Ace Trader post# 17753

Tuesday, 05/28/2024 2:15:30 PM

Tuesday, May 28, 2024 2:15:30 PM

Post# of 17768

R U Sure? Wasn't it meant to stop Feb 4th 2024 ?? If this is continuing to grain interest that was Judges plan for them to settle and not drag this out!!

Not sure where you got the Feb 4th date from...My understanding is Lamberth granted interest to shareholders going back to August 2012 until final judgement is entered.

On October 24, 2023, the Court ruled that the Fannie Mae junior preferred shareholder plaintiffs were entitled to prejudgment interest, and awarded simple interest on the $299.4 million damage award, 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. Fairholme Funds, Inc. v. Fed. Hous. Fin. Agency, No. 1:13-cv-1053 (RCL), 1:13-mc-1288 (RCL), 2023 WL 7002665, at *1, 9 (D.D.C. Oct. 24, 2023).