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DealBook: U.S. and States Prepare to Sue S.&P. Over Mortgage Ratings

Standard & Poor's

The Justice Department and state prosecutors plan to file civil charges against Standard & Poor’s Ratings Service, accusing the firm of fraudulently rating mortgage bonds that led to the financial crisis, people briefed on the plan said.

 

States sue over contraceptives mandate

Birth Control Pills

Seven states filed a lawsuit Thursday against the federal government requirement that religious employers offer health insurance coverage that includes contraceptives and other birth control services.

 

States fighting healthcare law don't have precedent on their side

States fighting healthcare law don't have precedent on their side

A 2005 Supreme Court ruling citing the authority to regulate commerce poses a problem for suits claiming it's unconstitutional for the federal government to force individuals to have insurance.

Lawsuits from 14 states challenging the constitutionality of the new national healthcare law face an uphill battle, largely due to a far-reaching Supreme Court ruling in 2005 that upheld federal restrictions on home-grown marijuana in California.

 

States launch lawsuits against healthcare plan

Republican attorneys general in at least 12 states warned on Monday that lawsuits will be filed to stop the federal government's healthcare reform bill from encroaching on states' sovereignty.

 

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