2013-05-08 — reuters.com
``The lawsuit claimed that Fannie Mae and its then-auditor, KPMG, publicly issued materially false and misleading financial reports that artificially inflated the price of Fannie Mae's securities.
The class of plaintiffs includes purchasers of Fannie Mae common stock for a period from April 2001 through December 2004.
Fannie Mae is "satisfied with the outcome and pleased to put the matter behind us," its general counsel Bradley Lerman said in a statement.''
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