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Fairholme wins right to seek records in Fannie Mae, Freddie Mac suit

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Fairholme Funds can pursue government records in its lawsuit seeking compensation for the value of stock lost after the U.S. took over Fannie Mae and Freddie Mac in 2008, a federal judge in Washington ruled. Rebuffing the government’s bid for an early dismissal of the suit, Judge Margaret Sweeney of the U.S. Court of Federal Claims said Fairholme is entitled to seek the documents so it can...

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