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'Non-chatroom' defendants look to dismiss Louisiana's claims in GSE bond case

( January 7, 2020, 22:31 GMT | Official Statement) -- MLex Summary: Mizuho Securities and other non-chatroom defendants have asked US District Judge Shelly D. Dick to dismiss the State of Louisiana’s claims that they conspired to manipulate the market for unsecured bonds issued by Fannie Mae and Freddie Mac. They say that the claims rest on quotes from 24 “chatroom” communications in which none of the defendants were involved, and therefore the complaint fails to implicate them.See document below. ...

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