Orange County set to fight decision barring part of S&P suit
- S&P settles for a song. Figler, Andrea // Bond Buyer;06/16/99, Vol. 328 Issue 30663, p1
Reports on Orange County, California's settlement of its lawsuit against Standard & Poor's Corp. as the county concluded litigation surrounding its bankruptcy. Overview of the case; Terms of the settlement agreement; Amount recovered by the county from its litigation efforts.
- Collective sigh of relief heard after Orange County drops S&P lawsuit. Monsarrat, Sean // Bond Buyer;06/16/99, Vol. 328 Issue 30663, p35
Reports on the withdrawal of the lawsuit filed by Orange County, California, against Standard & Poor's Corp. in connection with the county's 1994 bankruptcy. Comments from municipal market participants on the move; Issues about the investment suitability of repurchase agreements and...
- Orange County trial delayed by new charge. Figler, Andrea // Bond Buyer;05/04/99, Vol. 328 Issue 30633, p32
Reports that a United States District Court judge has postponed setting a trial date for Orange County, California's lawsuit against Standard and Poor's Corp. to review another charge filed by the county. County's complaint against the rating agency; County's lawsuit against Standard & Poor's...
- Court rejects another charge against S&P. Figler, Andrea // Bond Buyer;06/03/99, Vol. 328 Issue 30654, p36
Reports on the decision of the Ninth District Court of Appeals to dismiss a lawsuit filed by Orange County, California against Standard & Poor's Corp. to challenge an unfavorable credit rating on the county.
- Illinois attorney general sues Standard & Poor's. // Chicago Citizen - South Suburban Edition;2/1/2012, Vol. 31 Issue 13, p4
The article reports on a lawsuit filed by Illinois attorney general Lisa Madigan against Standard & Poor's Corp., claiming that the agency assigned its highest ratings to risky mortgage-backed investments.
- Illinois Attorney General Sues Standard & Poor's. // Capitol Ideas;Mar/Apr2012, Vol. 55 Issue 2, p8
The article reports that Illinois Attorney General Lisa Madigan has filed a lawsuit against Standard & Poor's Corp. (S&P) in January 2012, in which the latter has allegedly given high ratings to unworthy businesses, as a strategy of increasing its revenue as well as its market share.
- THE STANDARDS SHOULD NOT BE THIS POOR. Wolpin, Bill // American City & County;Feb2013, Vol. 128 Issue 2, p6
The author discusses the developments in the financial services market, particularly in the U.S., as of early 2013. He cites the lawsuit filed by the Justice Department against Standard & Poor's (S&P) over the latter's alleged misrepresentation of the credit worthiness of billions of dollars...
- Finding Fault With S&P. Handley, Meg // U.S. News Digital Weekly;2/8/2013, Vol. 5 Issue 6, p7
The article reports that the U.S. Department of Justice, along with more than a dozen U.S. states and the District of Columbia, filed a lawsuit against Standard & Poor's (S&P), the largest credit rating company in the U.S. The lawsuit alleges that S&P defrauded investors by giving top-notch...
- In Defense Against MBS Fraud Case, S&P Cites Obama Meeting. // National Mortgage News;3/3/2014, Vol. 38 Issue 9, p1
The article reports that credit rating agency Standard & Poor's (S&P) has cited the meeting of President Barack Obama with Treasury Secretary Timothy Geithner held in 2011 in order to substantiate its defending argument against the mortgage-backed securities fraud lawsuit filed against it for...