IN RE FEDERAL NAT. MORTG. ASS'N SECURITIES

MDL No. 1668. Civil Action No. 04-1639(RJL).

892 F.Supp.2d 59 (2012)

In re FEDERAL NATIONAL MORTGAGE ASSOCIATION SECURITIES, DERIVATIVE, and "ERISA" LITIGATION. In re Fannie Mae Securities Litigation.

United States District Court, District of Columbia.

September 20, 2012.


Attorney(s) appearing for the Case

Steven J. Toll , Joshua S. Devore , Daniel S. Sommers , Cohen Milstein Sellers & Toll PLLC, Robert W. Liles , Liles Parker PLLC, Washington, DC, Jeff A. Almeida , Christine M. MacKintosh , Megan D. McIntyre , Grant & Eisenhofer P.A., Wilmington, DE, James R. Cummins , Paul M. De Marco , Louise Malbin Roselle , Paul Michael De Marco , Waite, Schneider, Bayless & Chesley, Co., L.P.A., Phyllis E. Brown , Law Offices of Phyllis Brown, Cincinnati, OH, A. Allen Hobbs , Emily Kern , Jeffrey David Lerner , Tania T. Taveras , Bernstein Liebhard & Lifshitz LLP, Francis P. Karam , New York, NY, Jeffrey C. Block , Joseph C. Merschman , Kathleen M. Donovan-Maher, Berman Devalerio Pease Tabacco Burt & Pucillo, Boston, MA, Frank J. Johnson , Brett M. Weaver , Law Office of Frank J. Johnson, San Diego, CA, for Plaintiffs.

David W. Debruin , Jerome Louis Epstein , Larry Paul Ellsworth, Jenner & Block LLP, Jeffrey William Kilduff , Michael J. Walsh, Jr. , O'Melveny & Myers LLP, Kevin Michael Downey , Alex Giscard Romain , Antony K. Haynes , Eun Young Choi , Jefferey Dee Bailey , Joseph Marshall Terry, Jr. , Michelle D. Schwartz , Samuel Bryant Davidoff , Williams & Connolly LLP, Elizabeth G. Taylor , Logan Daniel Smith , Caroline Elizabeth Reynolds , Cory T. Way , Ellen D. Marcus , Richard Miles Clark , Steven Mark Salky , Zuckerman Spaeder, LLP, David Sidney Krakoff , Adam B. Miller , Christopher F. Regan , Lauren R. Randell , BuckleySandler LLP, Elizabeth G. Oyer , Mayer, Brown Llp, Heather H. Martin , Quinn Emanuel Urquhart & Sullivan, LLP, Andrew Santo Tulumello , Francis Joseph Warin , Lissa M. Percopo , Melanie L. Katsur , Michael Francis Flanagan , Andrew Santo Tulumello , Claudia M. Barrett , Gibson, Dunn & Crutcher, LLP, Jonathan K. Tycko , Tycko & Zavareei LLP, Charles William McIntyre , McGuire Woods LLP, James Hamilton , Bingham McCutchen LLP, David I. Ackerman , Snr Denton Us LLP, Cristen Sikes Rose , James D. Wareham , DLA Piper LLP, Julia Evans Guttman , Baker Botts, LLP, Lawrence S. Sher , Reed Smith LLP, Jonathan Michael Stern , Schnader Harrison Segal & Lewis LLP, Daryl Andrew Libow , Sullivan & Cromwell, LLP, Charles Simon Davidson , Eric Robert Delinsky , Zuckerman Spaeder, LLP, Washington, DC, Seth Alben Aronson , O'Melveny & Myers, LLP, Los Angeles, CA, Laura E. Neish , Zuckerman Spaeder LLP, Jonathan C. Dickey , Gibson, Dunn & Crutcher LLP, Neil A Steiner , William K. Dodds , Dechert LLP, Jeremy C. Bates , Michael T. Tomaino , Patrice A. Rouse , Richard H. Klapper , Sullivan & Cromwell LLP, New York, NY, Darren William Stanhouse , McGuirewoods, LLP, Raleigh, NC, George Howard Brown , Gibson Dunn & Crutcher, L.L.P., Palo Alto, CA, M. Byron Wilder , Gibson, Dunn & Crutcher LLP, Dallas, TX, Monica K. Loseman-Barwind , Gibson, Dunn & Crutcher, LLP, Denver, CO, Scott A. Fink , Gibson Dunn & Crutcher LLP, San Francisco, CA, David Smith , Dionna K. Litvin , Jonathan S. Liss , Schnader Harrison Segal & Lewis, LLP, Philadelphia, PA, Brian E. Pumphrey , Christine Devey Mehfoud , J. William Boland , McGuirewoods LLP, Richmond, VA, for Defendants.


MEMORANDUM OPINION

RICHARD J. LEON, District Judge.

This is a class action securities fraud suit against Federal National Mortgage Association ("Fannie Mae"), its former accountant KPMG, LLP, and three of Fannie Mae's former senior executives (collectively, "defendants"), brought by a class of parties represented by lead plaintiffs Ohio Public Employees Retirement System ("OPERS") and State Teachers Retirement System of Ohio ("STRS") (collectively, "plaintiffs...

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