Notice to All Investors of Fannie Mae and Freddie Mac Stock From the Law Firm of Blum & Silver, LLP

FORT LAUDERDALE, Fla., Oct. 3, 2008 (GLOBE NEWSWIRE) -- The Law Offices of Blum & Silver, LLP ( is a nationally-recognized securities law firm headquartered in South Florida with a satellite office in New York City. Blum & Silver is currently investigating losses incurred from investments in Fannie Mae and Freddie Mac preferred stock.

According to Blum & Silver's investigation so far, several brokerage firms sold various series of Freddie Mac and Fannie Mae preferred shares as safe, stable fixed-income investments. Freddie Mac and Fannie Mae preferred shares were regularly sold to retired individuals and other retail customers looking to generate income. However, many of these clients were not advised of the risks associated with preferred shares. Additionally, several brokers and financial advisors purchased an unsuitable amount of shares in their clients' accounts, thereby creating a significant over-concentration in a single security or sector.

We believe investors will achieve better results on their claims through individual arbitration claims rather than through the class action process. We believe investors should consider all of their legal options prior to accepting any settlement offer or joining a class action. Blum & Silver, LLP continues to investigate the matter, including potential liability of other participants in these stocks. The attorneys at Blum & Silver, LLP are dedicated to aggressively pursuing claims on behalf of investors who have suffered losses in Fannie Mae and Freddie Mac. Blum & Silver, LLP is a nationally recognized securities litigation law firm practicing primarily in the field of securities arbitration and litigation. It continues its representation of investors throughout the world in securities arbitration and litigation matters against major Wall Street brokerage firms. The firm has successfully recovered multi-million dollar awards for its clients against the country's top investment firms. Mr. Silver and other members of the firm are admitted to practice in Florida and New York and have represented investors throughout the world.

If you have experienced substantial losses as a result of being over-concentrated in Fannie Mae or Freddie Mac and you wish to discuss your legal options, please contact Scott L. Silver, Esq. of Blum & Silver, LLP, at 1-877-STOCK LAW (1-877-786-2552) or visit us on the web at

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