Tuesday July 31st 2007, 3:12 pm
WASHINGTON A group of shareholders who opted out of a class-action lawsuit against Fannie Mae saw many of their own claims against the mortgage giant dismissed Tuesday. The group, led by Evergreen Equity Trust and Franklin Managed Trust, sued in connection with a massive accounting scandal. The investors accused the company and its executives of violating a number of state and federal securities ...
[News Source]
Judge dismisses some claims in Fannie Mae lawsuit (Minneapolis-St. Paul Star Tribune)