Rulings Vacated In Securities Class Action Over Freddie Mac Stock Drop

Rulings Vacated In Securities Class Action Over Freddie Mac Stock Drop

YOUNGSTOWN, Ohio - A federal judge in Ohio on Aug. 23 granted a pair of motions to vacate prior rulings in a securities class action lawsuit against Freddie Mac and certain of its former executive officers, ruling that vacating the rulings is warranted to remove any appearance of partiality (Ohio Public Employees Retirement System, et al. v. Federal Home Loan Mortgage Corp., et al., No. 08-0160, N.D. Ohio; 2013 U.S. Dist. LEXIS 120258).

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