Fannie Mae Settles Shareholder Lawsuit For $170M

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Fannie Mae Settles Shareholder Lawsuit For $170M



(Reuters) – Fannie Mae (FNMA.OB) has reached a $170 million settlement of a lawsuit accusing it of misleading shareholders about its finances, risk management and mortgage exposure before it was seized by the U.S. government during the 2008 financial crisis. The settlement, which requires court approval, was disclosed in a Friday filing with the U.S. District…

Fannie Mae Settles Shareholder Lawsuit For $170M

Two Sigma’s Venn outlines factor performance for March

EuropeEquities did well last month as most market watchers have noted that Value outperformed growth. In his March Factor Performance report, Alex Botte of Venn by Two Sigma noted that March was a strong month for the global Equity factor, especially in developed markets. Q1 2021 hedge fund letters, conferences and more He said Europe Read More


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