Who is going to file those? You seem to finally have an interest in filing your own lawsuit, otherwise your statement would be mere speculation rather than the fact it is presented as.
Oh, nevermind. Excuses it is.
Acting like this motivation is not equally shared by junior pref and common shareholders is just plain ignorance.
Speak for yourself. The largest common holder, Bill Ackman, is only in it for the money.
Also, the ownership that common shareholders had in June 2008 was NEGATIVE. This post shows that FnF calculated the fair value of their common equity as a negative number as of June 30 2008. If you want that back I'm sure the government would be happy to give it to you.
You are utterly wrong that restructuring and the capital stack has anything to do with receivership. Those things pertain to an exit from conservatorship also.