The rights to exercise the warrant on a cash (about $46,040) or cashless basis are protected by law until September 7, 2028. (HERA 2008, Section 1117(a)(g)(2)).
That could change if the parties mutually agree to void the warrants or a court order invalidates them or Treasury does not exercise, or they are allowed to be repurchased by the GSEs or....
Please post the mafia, criminal enterprise reference.
The GSE warrants were issued along with the senior preferred stock in exchange for access to $400 billion in US Treasury funds.
How would the Plaintiffs argue that the warrants were a taking, especially since they have not been exercised and the future of the warrants has not been determined?