Fremont General Corporation announced earnings results for the month of September and for the period from June 19, 2008 to September 30, 2009. For the month, loss from operations was $333,793 and net loss was $12,612,217. For the period, the company reported loss from operations of $3,799,532 and net income of $100,807,924.

Fremont General Corporation reported unaudited earnings results for the month ended August 31, 2009. For the month, the company reported net loss of $2,638,191 and net loss from operations of $321,224.

On August 3, 2009, Fremont General Corporation entered into a stipulation and agreement with The Bank of New York Mellon to settle the outstanding litigation and resolve an approximately $20.1 million proof of claim filed by BNY Mellon on or about November 4, 2008 in the Company's bankruptcy proceedings in the United States Bankruptcy Court for the Central District of California, Santa Ana Division. The Stipulation has been entered into as part of the Company's ongoing initiative to resolve contingent and unliquidated claims, including various litigation matters. The Stipulation is subject to Bankruptcy Court approval. In December 2003, BNY Mellon filed a lawsuit in the United States District Court for the Central District of California against the company, as the indirect parent company of Fremont Indemnity Company and Industrial Indemnity Company, seeking compensatory damages of not less than $14 million.