In Re Federal Home Loan Mortgage Corporation Derivative Litigation
District Court, E.D. Virginia
This document relates to: All Actions.
1Opinion of the Court
MEMORANDUM OPINION
LEONIE M. BRINKEMA, District Judge.
Three groups of shareholders have filed derivative actions on behalf of the Federal Home Loan Mortgage Corporation (“Freddie Mac”). The Federal Housing Finance Agency (“FHFA”), the federal agency acting as conservator of Freddie Mac pursuant to the Housing and Economic Recovery Act of 2008, has intervened and moved to substitute itself in place of the plaintiffs in all of the actions. For the reasons discussed below, the FHFA’s motions will be granted.
I. Background
A. Freddie Mac, HERA, and the FHFA.
Freddie Mac was established in 1970 to…
2Cases cited20 opinions
- 98 Cal. Daily Op. Serv. 1912, 98 Daily Journal D.A.R. 2691 Stanley Pareto Elbert Bressie Benjamin P. Liu Vilja Annamaria Fritzl John McCullough Edith Fritzl Heidi W. Moore Gottfried Noel Fritzl Wanda Hagan Theodore Hiatt Shih Chi Chow Shirley C. Chow Marilou Atencio Anton Atencio Gregory D. Shields Eleanor M. Shields Estelle Eichenberger Jack Lutzow Moses Noble, Jr. Ernst Meyer Phillip Yee Theodore J. Saenger Gayle I. Saenger Jack Block Tae Ryong Kim Chin Soon Kim Frank J. Schlessinger Raymond Vernazza Marion Gizzi Chester R. Williams Angelo Ferro Linda S. Williams Roger R. Franklin John P. Hurabieli Laverne Pareto John Pareto Muriel P. Burd Chae Woo Lee Hai Ja Lew Antonio Panebianco Cho Young Kugis Gebhardt Kugis Phyllis G. Zerwick John Hartung Arthur Holsten Eleanor Holsten Paul E. Kadden Shirley J. Kadden Thomas Kavanagh Cunningham Arizona, a Partnership v. Federal Deposit Insurance Corporation, as Receiver of Barbary Coast National Bank, Robert Wheeler Dickerson Kearny Paul Oliver Robert ImhoffCourt of Appeals for the Ninth Circuit · 1998
- Coit Independence Joint Venture v. Federal Savings & Loan InsuranceSupreme Court of the United States · 1989
- Hindes v. Federal Deposit Insurance CorporationCourt of Appeals for the Third Circuit · 1998
- United States Postal Service v. GregorySupreme Court of the United States · 2001
- United Copper Securities Co. v. Amalgamated Copper Co.Supreme Court of the United States · 1917
15 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Perry Capital LLC v. LewDistrict Court, District of Columbia · 2014
- Kellmer ex rel. Fannie Mae v. RainesCourt of Appeals for the D.C. Circuit · 2012
- Leon County Florida v. Federal Housing Finance AgencyCourt of Appeals for the Eleventh Circuit · 2012
- Federal Housing Finance Agency v. Nomura Holding America, Inc.District Court, S.D. New York · 2015
- Robinson v. Federal Housing Finance AgencyDistrict Court, E.D. Kentucky · 2016
8 more not listed; retrieve them via the Exa API.