Ohio, West Virginia File Lawsuits Against Freddie Mac

Newman, Emily
August 2003
Bond Buyer;8/11/2003, Vol. 345 Issue 31696, p5
Trade Publication
Focuses on lawsuits filed by Ohio and West Virginia against the U.S. housing loan giant Freddie Mac, alleging that the company's accounting troubles have caused its stock to drop, resulting in financial losses to the states' retirement plans. Other states planning to file lawsuits against the company; Amount lost by the plaintiff states over two years as Mac's stock value dropped.


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