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Judge lets U.S. pursue $5-billion fraud lawsuit against S&P

(Reuters) - The U.S. government may proceed with its $5 billion lawsuit accusing Standard & Poor's of misleading investors by inflating its credit ratings, after a federal judge rejected the rating agency's effort to dismiss the civil fraud case.Full story

Judge lets U.S. pursue $5 billion fraud lawsuit vs S&P

(Reuters) - A U.S. federal judge has ruled that the U.S. government may pursue its $5 billion civil fraud lawsuit accusing Standard & Poor's of misleading investors by inflating credit ratings. Full story

Judge tentatively lets U.S. pursue fraud lawsuit versus S&P

(Reuters) - A federal judge has made a tentative ruling to let the U.S. government pursue its $5 billion civil lawsuit accusing Standard & Poor's of defrauding investors by inflating credit ratings prior to the recent global financial crisis. Full story

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Video

  S&P: U.S Now 'Stable'

Standard & Poor's says the U.S. credit rating is now "stable." CNBC's Steve Liesman, offers insight.