Freddie

Pet Shelter Adopted Out Sick Dogs, Gave Fake Meds

A Middle Island pet rescue under investigation by the state attorney general’s office was hit with a class-action lawsuit Monday claiming that sick dogs are being put up for adoption and fake pet medications are being distributed. Miller Place attorney Vesselin Mitev said in a telephone interview that he filed the suit against Friends of Freddie Pet Rescue in Suffolk County Supreme Court Monday …


Judge to Dismiss Some Claims in Baltimore Officers’ Lawsuit

A federal judge says he’ll dismiss several allegations in a defamation lawsuit against Baltimore’s top prosecutor and a member of the sheriff’s office brought by officers charged in the death of Freddie Gray, a black man who was injured in a police van. Media outlets report that U.S. District Judge Marvin Garbis indicated Thursday at a hearing that he would drop some of the …


Former Fannie Mae CEO Settles Crisis-Related Lawsuit With SEC

Former chief executive of Fannie Mae Daniel Mudd exits U.S. District Court in the Manhattan borough of New York City, January 27, 2016, after attending arguments in the Securities Exchange Commission (SEC) case against him. REUTERS/Mike Segar August 22, 2016 By Patrick Rucker and Nate Raymond WASHINGTON/NEW YORK (Reuters) – In one of the U.S. Securities and Exchange Commission’s biggest cases …


Freddie Mac Must Face Revived Lawsuit Over Subprime Exposure

A federal appeals court on Wednesday revived Ohio’s lawsuit accusing Freddie Mac of defrauding the state’s $87.3 billion public pension fund by hiding its exposure to subprime and other risky mortgages prior to the 2007-09 financial crisis. The 6th U.S. Circuit Court of Appeals said a lower court judge erred in finding that the Ohio Public Employees Retirement System (OPERS) did not plausibly …