Ohio's attorney general sued mortgage giant Freddie Mac on Friday alleging the company's former executive team knowingly misled the public and allowed lower level managers to make financial decisions even though they didn't have the proper skills and information. Attorney General Jim Petro is seeking to recover more than $25 million lost by state retirement systems for teachers and public employees.
August 11, 2003 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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