LOS ANGELES – A federal judge today rejected claims by Standard & Poor’s that its boasts of its ratings impartiality were nothing more than public relations “puffery” aimed at but not to be relied on by investors like WesCorp FCU and Eastern Financial Florida CU to buy what turned out...
Corporate Credit Unions
Judge Rejects S&Ps Puffery Defense In Suits Over WesCorp, Eastern Financial Demise
JUL 17, 2013 2:48pm ET
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