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Home » Store » News » GSE Shareholders Fight FHFA's Motion to Consolidate Cases

GSE Shareholders Fight FHFA's Motion to Consolidate Cases

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The battle over where to hold court continues with GSE shareholders challenging the Federal Housing Finance Agency’s request to transfer and consolidate the cases. Since the FHFA’s March filing to transfer lawsuits initiated by Fannie Mae and Freddie Mac shareholders to a new court, a number of plaintiffs have filed motions opposing the transfer, arguing that the cases are substantially different from one another. But now, in response to that challenge, lawyers for the FHFA filed a court document on April 13 that said the cases all involve plaintiffs with the same interests asserting the same claims arising out of the same transactions against the same defendants.
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