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News/Compliance & Enforcement/Relator Fails to Plead Materiality, Particularity, but Court Grants Leave for Third Amended Complaint after Supreme Court’s United Health Decision; United States District Court for the Southern District of New York No. 12CV1399, United States of America Ex Rel. Ilya Eric Kolchinsky v. Moody’s Corporation, et al
News·Compliance & Enforcement Brief

Relator Fails to Plead Materiality, Particularity, but Court Grants Leave for Third Amended Complaint after Supreme Court’s United Health Decision; United States District Court for the Southern District of New York No. 12CV1399, United States of America Ex Rel. Ilya Eric Kolchinsky v. Moody’s Corporation, et al

The District Court for the Southern District of New York rejected a relator’s request that it reconsider its dismissal of a complaint arguing that incorrect credit ratings issued by Moody’s Corporation resulted in the submission of false claims to the government agencies who purchased them.

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