Legal Opinion
Ohio Police & Fire Pension Fund v. Standard & Poor's Financial Services, LLC
District Court, S.D. Ohio
Decided September 26, 2011No. Case No. 2:09-cv-1054PublishedCited by 6 opinions
1Opinion of the Court
OPINION AND ORDER
JAMES L. GRAHAM, District Judge.
This action is brought by five state investment funds (the “Ohio Funds”) against certain credit rating agencies (the “Rating Agencies”) for losses allegedly arising from the Ohio Funds’ purchase of residential and commercial mortgage-backed securities. The complaint alleges that the high credit ratings assigned by the Rating Agencies to the securities were false, negligently assigned, and based on flawed methodologies. The Ohio Funds allege that they relied on the credit ratings in making their purchases and have now lost $457 million in these…
2Cases cited30 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Erickson v. PardusSupreme Court of the United States · 2007
- Papasan v. AllainSupreme Court of the United States · 1986
- Mayer v. MylodCourt of Appeals for the Sixth Circuit · 1993
25 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Ohio Police & Fire Pension Fund v. Standard & Poor's Financial Services LLCCourt of Appeals for the Sixth Circuit · 2012
- King County v. IKB Deutsche Industriebank AGDistrict Court, S.D. New York · 2012
- Western & Southern Life Insurance v. JPMorgan Chase Bank, N.A.District Court, S.D. Ohio · 2014
- First National Bank & Trust Co. v. McGraw-Hill Companies, Inc.District Court, N.D. Illinois · 2015
- American Signature, Inc. v. Moody's Investors Services, Inc.District Court, S.D. New York · 2023
1 more not listed; retrieve them via the Exa API.