Fannie Mae Preferred S (FNMAS)

[mhill_fin]

Found This: Judge Margaret Sweeney issued an order...

http://www.restorefanniemae.us/calendar

Judge Margaret Sweeney issued an order to deny the government’s motion for stay pending the resolution of related actions in the U.S. District Court for the District of Columbia (re: APA actions).

There was no mention of defendants request for a 91-day enlargement of time to December 9, 2013 to respond to the complaint. As a reminder, Fairholme has requested that the government be required to respond to the complaint by no later than November 7th

Also see below for another shareholder derivative lawsuit filed on September 12, 2013 by an individual, derivatively on behalf of Fannie Mae vs. the United States of America and Fannie Mae (as nominal defendant) in the U.S. Court of Federal Claims. See attached for the complaint.


Washington Federal et al. vs. USA (Shareholders suing Government for Fannie and Freddie
Case Number: 1:13-cv-00385
Jurisdiction: US Court of Federal Claims

09/18/2013
22
ORDER denying 12 defedant's Motion to Stay after full briefing and careful consideration, for the reasons set forth in plaintiffs' response in opposition. Signed by Judge Margaret M. Sweeney. (lp1) Copy to parties. (Entered: 09/18/2013)


Fairholme Funds vs. USA
Case Number: 1:13-cv-00465
US Court of Federal Claims

09/18/2013
12
ORDER denying 7 defendant's Motion to Stay after full briefing and careful consideration, and for the reasons set forth in plaintiffs' response in opposition. Signed by Judge Margaret M. Sweeney. (lp1) Copy to parties. (Entered: 09/18/2013)