Overview

• The suits filed Monday in Fairfax County Circuit Court name Fannie Mae, CEO Priscilla Almodovar and FHFA Director Bill Pulte as defendants.
• They allege public statements by Almodovar and Pulte wrongly linked 41 employees to unethical conduct in Fannie Mae’s charitable giving program.
• Plaintiffs say they were summarily terminated by email and phone and never provided evidence to support the fraud allegations.
• Each former employee seeks at least $1 million in compensatory damages, $350,000 in punitive damages plus interest, and demands a jury trial.
• This action follows a July discrimination complaint by 66 ex-staff alleging national-origin and age bias in the mass April terminations.