Law Office Management
Jun. 23, 2012
CalPERS Suit Against Rating Agencies Stands
San Francisco Superior Court Judge Richard Kramer denied S&P and Moody's motion to dismiss on First Amendment grounds CalPERS' negligence claim.
San Francisco Superior Court Judge Richard Kramer denied S&P and Moody's motion to dismiss on First Amendment grounds CalPERS' negligence claim because the pension fund had established a prima facie likelihood that its lawsuit would succeed, so the state's anti-SLAPP law doesn't apply. <!-- CalPERS Suit Against Rating Agencies Stands -->
Riley Guerin
rguerin@journaltech.com
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