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Thursday, 07/11/2013 1:40:44 AM

Thursday, July 11, 2013 1:40:44 AM

Post# of 797316
New lawsuit: junior preferred shareholders vs. United States
July 10, 2013

"The preferred shareholders, represented by Boies, Schiller & Flexner and Kessler Topaz Meltzer & Check, point to the $66.3 billion dividend Fannie and Freddie paid to the government in the second quarter of 2013, arguing that more than $60 billion of that money was misappropriated from them."

http://blogs.reuters.com/alison-frankel/2013/07/10/fannie-freddie-shareholders-demand-lost-dividends-from-u-s-in-new-class-action/

Link to official doc: http://blogs.reuters.com/alison-frankel/files/2013/07/cacciapellevus-complaint.pdf