At a hearing last month in a yearslong securities fraud class action against Fannie Mae, there was only the slightest nod to a major development in the case.
Longtime lead plaintiffs’ attorney Stanley Chesley — a prominent member of the plaintiffs’ bar since the 1970s and a name partner at Cincinnati’s Waite, Schneider, Bayless & Chesley — had stepped down in late June in light of disciplinary proceedings against him in Kentucky.
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