All entities that entered into GSE Bond transactions (purchases and sales) with one or more of the Defendants or a direct or indirect affiliate, subsidiary, or division of a defendant during the class period.

All unsecured bond or debt instruments (such as senior, subordinated and junior subordinated debt) regardless of currency or credit quality, issued by Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage Corp. (Freddie Mac), Federal Farm Credit Banks, and Federal Home Loan Banks. (Estimated 59,800+ CUSIPS)

The complaint alleges that defendants thus colluded to manipulate prices in the secondary market to extract supra-competitive profits for themselves at the expense of Plaintiffs and Class members.

Defendants’ conspiracy systematically raised their profits earned from dealing FFBs at the expense of their customers – investors who traded FFBs with Defendants and who were repeatedly overcharged and underpaid due to Defendants’ anticompetitive conduct.

Class action on behalf of all persons or entities who transacted in Fannie Mae or Freddie Mac bonds (“FFBs”) during the period of at least January 1, 2009 through January 1, 2019 with a Defendant, where such persons or entities were domiciled in the United States or its territories.

Total Settlements to date $386.5 million (Fairness Hearing Scheduled for June 9, 2020)

Claims filing deadline: 5/12/20

Deutsche Bank: $15 million

FTN: $14.5 million

Goldman Sachs: $20 million

Barclays: $87 million

Other banks: $250 million

Multiple cases consolidated on 4/3/19. The master case is In re GSE Bond Antitrust Litg.,S.D.N.Y., No. 19-cv-1704.