Freddie Mac, Fannie Mae Shares Could Face Distress, Despite Bill Ackman’s Push

The volatile shares of Fannie Mae and Freddie Mac may face another legal shock, the Wall Street Journal said. In September, a federal court dismissed lawsuits brought by Fairholme Funds and Perry Capital over More...

Bill Ackman Drops One Fannie Mae Suit, Move Probably only Temporary

Bill Ackman’s Pershing Square Capital Management filed a notice of voluntary dismissal for its Fannie Mae lawsuit in DC District Court last Friday, while another Ackman lawsuit, in the Court of Federal Claims, More...

Perry Capital Buys Shares of Ally Financial and Allergan and Sells Herbalife

Perry Capital, a $10.9 billion hedge fund under the management of Richard Perry, has bought shares of auto-lender Ally Financial (ALLY) and Allergan (AGN) and has sold some shares of Herbalife (HLF). Perry More...