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Investors Unite Executive Director Tim Pagliara Applauds Judge Sweeney’s Opinion and Order in Fairholme v. The United States

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FOR IMMEDIATE RELEASE

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Investors Unite Executive Director Tim Pagliara Applauds Judge Sweeney’s Opinion and Order in Fairholme v. The United States

“Theft is Not Privileged”

NASHVILLE, TN –Following Judge Margaret Sweeney’s opinion and order in Fairholme v. The United States this week, Tim Pagliara, head of Investors Unite, issued the following statement:

“Theft is not privileged.”

“The opinion and order from Judge Sweeney is an encouraging step forward for Fannie Mae and Freddie Mac investors and Investors Unite members across the country. Investors deserve to know when the U.S. Treasury knew that Fannie and Freddie would become profitable, and how that factored into the decision-making process around the Third Amendment Sweep. This ruling is a clear indication from the court that the discovery process will continue, reaffirming to the government’s attorneys that the rule of law will not be violated despite what they may argue.

“Investors Unite will continue working with The FHFA, elected officials and other leaders to ensure that they are taking seriously investor rights as they pertain to the Government-Sponsored Enterprises. A continued focus on the truth will keep the good news coming.”

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About Investors Unite: Formed by Tennessee activist investor and CapWealth Advisors Chairman and CEO, Tim Pagliara, Investors Unite (www.investorsunite.org) is a coalition of private investors from all walks of life, committed to the preservation of shareholder rights for all invested in Fannie Mae and Freddie Mac. The coalition works to educate shareholders and lawmakers on the importance of adopting GSE reform that fully respects the legal rights of Fannie Mae and Freddie Mac shareholders and offers full restitution on investments.