In This Issue:
- Assured Wins $90 Million in Damages in RMBS Breach of Contract Trial
- DOJ Brings Civil Fraud Action Against S&P
- S&P Seeks Declaration That Credit Ratings Are Immune From...more
On February 4, the Department of Justice filed a complaint in the Central District of California against two Standard & Poor’s entities in connection with credit ratings S&P provided for certain RMBS and CDOs....more
On December 20, 2012, the Second Circuit affirmed a decision by Judge Sidney H. Stein of the Southern District of New York dismissing a putative class action suit alleging that Standard & Poor’s Ratings Services intentionally...more
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