Replies to post #717097 on Fannie Mae-No Politics (FNMA)

[Patswil]

Thank you for your inquiry in the Fannie Mae/Freddie Mac Senior Preferred Stock Purchase Agreement litigation.

Sent: Thursday, March 31, 2022 6:45 PM
To: [e-mail]
Subject: RE: where

Be advised that at this time, there is no settlement.

If you have received a notice in the mail, you will also be notified when/if a settlement is reached. If you did not receive a notice, please email us back with your name and address. And we will add you to our database.

Should you have additional questions, please visit the case website at www.fannie-freddieclassaction.com, call our settlement helpline at 1-866-233-8545, or reply to this email.

Regards,

Claims Administrator

[contrarian bull]

Can_you buy new shares and_be_in the class-action suit?

This may have already been discussed - but the notice says members of the class are:

All current holders of common stock in Freddie Mac as of the date of certification, or their successors in interest to the extent shares are sold after the date of certification and before any final judgment or settlement

This wording makes it sound like if someone sells you shares - they lose class status but the class status transfers to the new owner as successor in interest.

Just curious - might give me more flexibility in day trading this stock or to load up later.