Your email has been successfully added to our mailing list.

×
0 0 0 0 0 -0.0028491125893799 -0.0028491125893799 -0.00107724446259118
Stock impact report

US rating agency Egan-Jones is sued by fired whistleblowing executives [Yahoo! Finance]

Moody's Corporation (MCO) 
Last moody's corporation earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.moodys.com/home/default.aspx
Company Research Source: Yahoo! Finance
Securities and Exchange Commission that the credit rating agency improperly let business concerns drive its ratings, including after last year's banking crisis. According to a complaint filed in Manhattan federal court, former chief risk officer Michael Brawer and former head of ratings Philip Galgano were let go in January for whistleblowing about conflicts of interest in Egan-Jones' ratings practices. They said their firings violated the federal Dodd-Frank Act's whistleblower protection provision, as well as New York labor law. Sean Egan, the agency's co-founder and chief executive, is also a defendant. Egan-Jones' general counsel Eric Mandelbaum said in an email: "We are aware of the lawsuit and will be defending the matter." The SEC declined to comment. Egan-Jones is one of 10 so-called nationally recognized statistical ratings organizations, a group that also includes Moody's Investors Service, S&P Global Ratings and Fitch Ratings. NRSROs assess the creditworthiness o Show less Read more
Impact Snapshot
Event Time:
MCO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MCO alerts
Opt-in for
MCO alerts

from News Quantified
Opt-in for
MCO alerts

from News Quantified