Three former Freddie Mac executives have failed to persuade a U.S. district judge to dismiss an SEC suit accusing them of misleading investors about the company's exposure to subprime mortgages. The defendants, represented by Sidley Austin, Zuckerman Spaeder, and Paul Weiss, argued that Freddie Mac's offering materials didn't define "subprime."
Freddie Mac's Failure to Define 'Subprime' Doesn't Hamper Suit Against Former Execs
The Litigation Daily
April 1, 2013
This content is now available at LexisNexis®.
The ALM® and LexisNexis® Content Alliance
LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM’s legal news publications. LexisNexis® customers will be able to access and use ALM’s content by subscribing to the LexisNexis® services via lexis.com® and Nexis®. This includes content from The National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM’s other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.
ALM’s content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.
If you are not currently a LexisNexis subscriber, contact 1-800-227-4908 to find out more or click here to have a customer representative contact you directly.