Former Fannie Mae chief executive Franklin D. Raines and former chief financial officer J. Timothy Howard have asked a federal judge to dismiss a shareholder lawsuit against them on the grounds that the plaintiffs have not produced any "direct evidence" that Raines and Howard knew about the... -
Fannie Ex-Execs Want Suit Dropped
Former Fannie Mae chief executive Franklin D. Raines and former chief financial officer J. Timothy Howard have asked a federal judge to dismiss a shareholder lawsuit against them on the grounds that the plaintiffs have not produced any "direct evidence" that Raines and Howard knew about the...-
By Annys Shin