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FNM and FRE Preferred Stock
Deutsch & Lipner won the first case against a brokerage house for
selling Fannie Mae or Freddie Mac preferred stock to its clients (Villamana
v UBS, case No. 08-04021). We are currently prosecuting other cases
against other broker-dealers who sold Fannie Mae or Freddie Mac
preferred stock.
To read more, see “A Victory Over Fannie Mae” and “How Fannie and
Freddie Unloaded Their Trash." HOW FANNIE AND FREDDIE UNLOADED THEIR TRASH
If your advisor recommended that you buy Fannie or Freddie preferred
stock in 2008, we may be able to help you recover your losses. Contact
us for a free consultation. |