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Litigation

Jul. 30, 2014

Financial institutions to answer to judge in S&P discovery dispute

A federal judge has ordered half a dozen financial institutions to appear in court Tuesday to explain why they shouldn't have to turn over documents requested by the defense in the government's lawsuit against Standard & Poor's.


By Henry Meier


Daily Journal Staff Writer


A federal judge has ordered half a dozen financial institutions to appear in court Tuesday to explain why they shouldn't have to turn over documents requested by the defense in the government's $5 billion lawsuit against Standard & Poor's Financial Services LLC.


Lawyers for the financial institutions are facing an uphill battle, according to experts who predicted that U.S. District Jud...

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