NEW YORK, Sept. 9, 2008 (GLOBE NEWSWIRE) -- Roy Jacobs & Associates announces that it is investigating whether brokers who recommended Federal Home Loan Mortgage Corporation ("Freddie Mac") series Z preferred shares (NYSE:FRE-PZ) may have done so under circumstances where the investment was not suitable for the particular customer, or where positive statements were made about the preferred shares or Freddie Mac which were not true. These purchasers may have the right to seek damages in an arbitration proceeding to compensate them for their losses and be represented on a contingent basis.
If you wish to discuss this matter, please contact Roy L. Jacobs at 1-888-884-4490 or by e-mail at rjacobs@jacobsclasslaw.com.
If you purchased Freddie Mac preferred shares and suffered losses of at least $60,000 (whether you still hold the shares or have sold them) and you are interested in discussing your rights free of charge, please contact Roy L. Jacobs. Mr. Jacobs will speak with you personally at no cost or obligation.