S&P settles investors' case but class action will resolve when 'hell freezes over', court told

S&P settles investors’ case but class action will resolve when ‘hell freezes over’, court told

Financial Services 2025-06-24 11:00 pm By Sam Matthews | Melbourne

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S&P has reached a settlement in a case by two Cayman Island companies over alleged defective ratings but a class action won’t settle until “hell freezes over,” a court has heard.

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