Public Employees' Retirement System v. Moody's Investors Service, Inc.

Opinion

JENKINS, J.

This is an appeal from an order denying the special motion to strike of defendants Moody’s Investors Service, Inc., Moody’s Corporation and The McGraw-Hill Companies, Inc. (collectively, Rating Agencies or defendants), 1 against plaintiff California’s Public Employees’ Retirement System (CalPERS) pursuant to the so-called anti-SLAPP statute (Code Civ. Proc., § 425.16). 2 The trial court reached this decision after finding that, although CalPERS’s complaint was indeed based upon conduct by the Rating Agencies falling within the scope of the anti-SLAPP statute, dismissal at…