Markovits, Stock & DeMarco Announces $153 Million Settlement in Fannie Mae Securities Fraud Litigation
The Honorable Richard J. Leon has preliminarily approved a $153 million settlement between Lead Plaintiffs Ohio Public Employees Retirement System and State Teachers Retirement System and Defendants Fannie Mae and KPMG in the matter of In re Fannie Mae Securities Litigation, Case No. 04-cv-1639 (D.D.C.).