Legal Opinion
Federal Housing Finance Agency v. Raines
District Court, District of Columbia
Decided July 28, 2010No. Civil Action No. 2007-1221PublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM OPINION
RICHARD J. LEON, District Judge.
This case is a desperate attempt to overcome the Court’s earlier decision, which has since been affirmed by our Circuit Court, to dismiss a consolidated shareholder derivative action against various former and then-current officials of the Federal National Mortgage Association (“Fannie Mae”) on the ground that the shareholder plaintiffs lacked standing to bring a derivative suit because they failed to make the requisite demand on Fannie Mae’s board of directors pursuant to Federal Rule of Civil Procedure 23.1. While the Court’s decision in the…
2Cases cited10 opinions
- Sebastian Mangiafico v. Richard Blumenthal, Attorney General, John Armstrong, and Theresa Lantz, Docket No. 05-5465-CvCourt of Appeals for the Second Circuit · 2006
- Betty v. Pace, as Administratrix of the Estate of Floyd J. Pace, Jr., Deceased v. Southern Express CompanyCourt of Appeals for the Seventh Circuit · 1969
- S.A. Andes v. Versant Corporation, and First Washington Investments Corporation and Thomas F. HerrCourt of Appeals for the First Circuit · 1986
- Bristol Petroleum Corporation v. Larry D. HarrisCourt of Appeals for the D.C. Circuit · 1990
- Stephen G. Conafay, an Infant, by His Father and Next Friend Stephen R. Conafay v. Wyeth Laboratories, a Division of American Home Products Corp.Court of Appeals for the D.C. Circuit · 1986
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3Cited by1 opinion
- In Re Fed. Nat. Mortg. Ass'n Sec., Derivative, ErisaDistrict Court, District of Columbia · 2010