Plaintiffs' Attorneys Double Down In Wake Of S&P Suit

Law360, New York (February 5, 2013, 9:11 PM EST) -- The claims brought Tuesday against Standard & Poor's Financial Services LLC by the U.S. Department of Justice will embolden plaintiffs' attorneys who have been pursuing cases against the ratings agencies for years and prompt a slew of new suits that may fall on friendlier ears now that the DOJ is involved, attorneys say.

Private lawsuits against S&P and other ratings agencies have faced a rough road, with some being tossed for failure to prove that the firms knowingly committed fraud and others getting the boot on...
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