Fannie, Freddie Shareholder Suit Faces En Banc Review

The Fifth Circuit Court of Appeals agreed to rehear an action by Fannie Mae and Freddie Mac shareholders after a divided three-judge panel concluded that the Federal Housing Finance Agency (FHFA) was unconstitutional.

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9th Circuit Upholds SEC Summary Judgment Against Convicted Heart Tronics Fraudster

The 9th Circuit sided with the Securities Exchange Commission in an action against Heart Tronics Inc. and attorney Mitchell Stein, who fraudulently inflated the company’s stock price while working as its outside counsel. 

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