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California Courts of Appeal

Feb. 12, 2016

Cites, counties seek to revive antitrust case against ratings agencies

A group of California cities, counties and nonprofits attempted Wednesday to convince the 1st District Court of Appeal to revive their state antitrust claims against ratings agencies and bond insurers.

By Kevin Lee
Daily Journal Staff Writer

A group of California cities, counties and nonprofits attempted Wednesday to convince the 1st District Court of Appeal to revive their state antitrust claims against ratings agencies and bond insurers.

Alameda County, Contra Costa County, the city of Los Angeles, and the Jewish Community Center of San Francisco are among the plaintiffs that accused bond insurance companies of colluding with ratin...

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