• Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Experts in Risk
  • Class Actions
  • Criminal
  • Events
  • Features
  • Global
  • People
  • SEC
Browse: Home / 2008 / December / 11 / Grand Jury Subpoenas Fannie Mae-Related Documents From Class Counsel

Grand Jury Subpoenas Fannie Mae-Related Documents From Class Counsel

By Securities Docket on December 11, 2008, 12:23 pm

A federal grand jury has subpoenaed records involving Fannie Mae from plaintiffs’ counsel in a class action against the company as part of a criminal investigation.

Mark Lanier, counsel for the class suing Fannie Mae, told Bloomberg that “I think much of the materials in our case are relevant to the criminal case.” “This subpoena is the sweet spot in our lawsuit.”

Bloomberg reports that the subpoenas, issued Dec. 8 and filed yesterday in U.S. District Court in Texarkana, Texas, demand records from the Lanier Law Firm’s offices in Houston and New York.  Fannie Mae said in a regulatory filing Nov. 10 that it was “cooperating fully in a Department of Justice investigation.”

Lanier stated that because almost all records in the class action case are sealed, his law firm couldn’t turn them over to investigators without a subpoena.

Read the Bloomberg article

Posted in Criminal | Tagged Class Actions, Grand Jury

« Previous Next »

Subscribe

‘Enforcement 40’ for 2020

The inside story behind the collapse of Queensland Nickel

Our Sponsors

Securities-Docket_260x125_14Sec

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2023 Securities Docket.

  • Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
  • Criminal
  • Class Actions
  • Features
  • Global
  • People
  • SEC
  • Events