Brower Piven Encourages Investors Who Have Lost $300,000 Investing in Fannie Mae Preferred Stock,...

BALTIMORE, MD -- 10/10/08 -- Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers of the Federal National Mortgage Association ("Fannie Mae" or the "Company") (NYSE: FNM-PT) offering of 8.25% Non-Cumulative Preferred Stock, Series T (initially offered to the public on or about May 13, 2008) for the period from May 13, 2008 through September 6, 2008 (the "Class Period"). The class includes investors who purchased shares on the offering or afterwards, in the market. No class has yet been certified in the above action. Members of the Class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. If you wish to choose counsel to represent you and the Class, you... [read full story]