S&P Blasts DOJ Over States' RMBS Litigation Strategy

Law360, Los Angeles (April 02, 2013, 7:05 PM ET) -- Standard & Poor's Financial Services LLC alleged Tuesday that the U.S. Department of Justice failed to tell a Connecticut federal judge of its collaboration with 17 state attorneys general in lawsuits accusing the firm of shoddy practices in rating residential mortgage-backed securities and collateralized debt obligations.

In an eight-page filing, S&P accused the DOJ and singled out Andre Birotte, U.S. Attorney for the Central District of California, of submitting a court document that “fails [the] test” of providing a “full and candid description” of their interest...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

State of CT v. McGraw Hill, Inc. et al


Case Number

3:13-cv-00311

Court

Connecticut

Nature of Suit

Other Statutory Actions

Judge

Stefan R. Underhill

Date Filed

March 6, 2013

Law Firms

Companies

Government Agencies