Legal Question in Securities Law in North Carolina
Fannie Mae Shareholder Common Stock
I am a shareholder of fannie mae's common stock. I found out today my shares would be diluted significantly. Management had led investors to believe they would have significant capital to weather the mortgage crisis. I feel misled and swindled by fannie mae, the treasury and our representatives in congress. Can I sue?
Asked on 9/07/08, 8:14 pm
1 Answer from Attorneys
Mark Tepper
Mark A. Tepper P.A.
Re: Fannie Mae Shareholder Common Stock
I do not think so. However, this is a matter of opinion and we do not want to discourage you from seeking local counsel.
Answered on 9/11/08, 3:29 pm