Wall Street banks win end of Fannie Mae shareholder claims
(Reuters) - Wall Street banks that helped Fannie Mae sell stock won the dismissal of shareholder lawsuits accusing them of fraud or negligence for misleading them about the mortgage financier's exposure to risky home loans before the government seized it in 2008. In a decision covering four lawsuits, U.S. District Judge Paul Crotty in Manhattan on Thursday also let Fannie Mae shareholders pursue ...
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