Major credit rating agencies won a fresh legal victory on Monday when a federal appeals court rejected a lawsuit by Ohio pension funds that sought to recoup millions of dollars of losses on risky mortgage debt they said were based …
A federal judge has ruled that a former University of Louisville nursing student waived her free speech rights by signing an honor code and can’t collect damages after being dismissed from school over a blog post. U.S. District Judge Charles …
A march in Florida’s state capital to protest the shooting death of Trayvon Martin is being held today after city officials relented and allowed the march to precede despite a lack of liability coverage. Tallahassee officials had told the march …
A planned march on Florida’s state capitol to protest the shooting death of teenager Trayvon Martin has once again been derailed to a lack of liability coverage. The National Christian League of Councils had set the march for Wednesday, April …
A U.S. judge has blocked most of a San Francisco ordinance that required warnings about cell phone safety risks, saying it violated the First Amendment. Health questions about cell phone use grew this year after a group of World Health …
The U.S. Securities and Exchange Commission faces hurdles proving wrongdoing at credit-rating agencies, the agency’s enforcement chief said, pointing to the complexity of the cases and the industry’s strong legal defenses. SEC Enforcement Director Robert Khuzami’s comments to Reuters came …
The three major credit-rating agencies won the dismissal of a lawsuit alleging that five Ohio pension funds lost hundreds of millions of dollars on risky mortgage debt because they relied on flawed ratings that made the debt appear safe. U.S. …
