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: Securities Law Prof Blog

Credit Rating Agencies Can Be Liable for Ratings Issued in Private Placement, Court Holds

By Securites Lawprof

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Judge Scheindlin's opinion in Abu Dhabi Commercial Bank v. Morgan Stanley & Co. Download AbuDhabiCommercialBank(S.D.N.Y. Sept. 2, 2009) is receiving a great deal of press, and deservedly so. Two institutional investors brought a class action to recover losses stemming from...

Full post as published by Securities Law Prof Blog on September 04, 2009 (boomark / email).

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