Moody’s, S&P and Fitch sued over failed Bear Stearns funds

The liquidators of two Bear Stearns hedge funds filed a lawsuit on Monday against the three major U.S. rating agencies, accusing them of fraudulently assigning inflated ratings to securities in the run-up to the financial crisis. The lawsuit seeks to recover damages from Moody’s Investors Service…

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Moody’s, S&P and Fitch sued over failed Bear Stearns funds

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