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Moody’s contends that credit ratings is actually feedback, not things, and that opinions are not actionable once the scam

Moody’s contends that credit ratings is actually feedback, not things, and that opinions are not actionable once the scam

Federal Financial Bank from Boston v

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(NYSCEF 39 on 19). v. McGraw-Hill Cos., Inc., 126 Good.D.three dimensional 1414, 1416, 5 N.Y.S.three dimensional 783 (4th Dep’t 2015). The newest FHLBB’s criticism includes detailed accusations that Moody’s consciously gave inaccurate product reviews in order to PLMBS according to suggestions they realized is wrong, put designs it know was in fact wrong and you will outdated, don’t adhere to a unique criteria, and you may involved with evaluations searching from the minimizing the standards so you can render best feedback and create more organization, certainly one of many other allegations.

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