Top 5 cities where safety is not a question

Top 5 cities where safety is not a question

Number one shouldn't be a shocker

Where's Watt?

FHFA scorecard should be marked tardy

Rentership society? Insider trading on Russian sanctions?

What We're Reading: The Good Friday edition
W S
Investments / The Ticker

Moody's, S&P, Fitch face fraud claims in investor lawsuit

/ Print / Reprints /
| Share More
/ Text Size+

(), Standard & Poor’s and Fitch Inc. must face fraud claims in an investor lawsuit over their ratings of a structured investment vehicle called Rhinebridge that collapsed in 2007, a judge ruled.

Morgan Stanley (MS), which helped set up the investment, also lost a bid to dismiss claims of aiding and abetting fraud in a ruling yesterday by U.S. District Judge Shira Scheindlin in Manhattan. Scheindlin narrowed the suit, dismissing other claims.

Source: Bloomberg
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus