The Class Plaintiffs Will Suffer Hardship From Delay Sample Clauses

The Class Plaintiffs Will Suffer Hardship From Delay. In Resolution Of The Claim. The District Court held that “plaintiffs are no worse off today than they were before the [Net Worth Sweep].” Op. at 35. That is not correct. Prior to the Net Worth Sweep, Class Plaintiffs held contractual rights to future dividends and liquidation distributions, and had a reasonable expectation that those rights would result in billions of dollars of distributions. After the Net Worth Sweep, Class Plaintiffs have no contractual right to any distribution. Moreover, FHFA is distributing billions of dollars to Treasury that, but for the Net Worth Sweep, would be distributed to the private shareholders. For Class Plaintiffs to be told they have to accept that result and wait until a future liquidation before bringing suit causes a substantial hardship.
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