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Topical Index to State Case Digests
State case digest headnotes.Regulator Reveals Litigation Costs for Ex-Fannie Mae Execs
Recent disclosures from the Federal Housing Finance Agency reveal that lawyers representing former Fannie Mae executives Franklin Raines, J. Timothy Howard and Leanne Spencer have received a total of $6.3 million for defending the trio in shareholder suits since Fannie Mae was placed into a conservatorship last year. A close look at court documents indicates that Williams & Connolly, Zuckerman Spaeder and Mayer Brown are the firms representing the three executives.Los Angeles federal judge Mariana Pfaelzer denied motions by Countrywide, its auditors, its underwriters, and its outside directors to dismiss an amended shareholder class action against them. The ruling comes less than four months after Judge Pfaelzer denied motions to dismiss the plaintiffs' first complaint. She has also refused to dismiss a shareholders derivative suit against several Countrywide directors and officers.
Recoveries of $1 Million and Above
2009 Almanac - Recoveries of $1 Million and AboveNational Market Share, Inc. v. Sterling National Bank
Despite Bank's Breaches, Principal's Faithless Acts Were Intervening Cause of Firms' DemiseUnbreaking the Seal on Diversity Report
The 186-page report recently released by the Department of Justice provides an impartial assessment of diversity in the Justice Department's attorney work force and a series of recommendations for improving the department's diversity record. Yet for more than a year, despite substantial public interest, the study's findings were kept secret.Creating a Culture of Compliance
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