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_______________
Copyright (c) 2001
Stanford Law School


The McGraw-Hill Companies, Inc.
Summary: According to a press release dated February 143, 2008, in an order handed down on Monday, Judge Colleen Kotelly of the U.S. District Court for the District of Columbia appointed the Boca Raton Firefighters and Police Pension Fund as lead plaintiff in the securities class action suit. She named the fund's attorneys, from Coughlin Stoia, lead counsel. In naming lead plaintiff and counsel, Judge Kotelly granted the Boca Raton fund leave to amend the complaint in the case, setting an April 16 deadline for any changes

The Complaint charges McGraw-Hill’s Chief Financial Officer and Executive Vice President of with violations of federal securities laws. Plaintiff claims that defendant's misleading statements or omissions concerning McGraw-Hill's business and operations caused the Company's stock price to become artificially inflated, inflicting damages on investors. Specifically, the Complaint alleges the defendant misrepresented or failed to fully disclose that McGraw-Hill's subsidiary Standard & Poor's assigned excessively high ratings to bonds backed by risky subprime mortgages -- including bonds packaged as collateralized debt obligations -- which was materially misleading to investors concerning the quality and relative risk of these investments.

INDUSTRY CLASSIFICATION:
SIC Code: 2731
Sector: Services
Industry: Printing & Publishing


COMPANY/ISSUER NAME: The McGraw-Hill Companies, Inc.
COMPANY/ISSUER TICKER: MHP
COMPANY WEBSITE: http://www.mcgraw-hill.com

FIRST IDENTIFIED COMPLAINT IN THE DATABASE
Claude A. Reese, et al. v. Bahash, et al.
 COURT: D. District Columbia  DOCKET NUMBER: 07-CV-01530
 JUDGE NAME: Hon. Colleen Kollar-Kotelly
 DATE FILED: 08/28/2007  SOURCE: Notice of Filing
 CLASS PERIOD START: 07/25/2006  CLASS PERIOD END: 08/15/2007
 TYPE OF COMPLAINT: Unamended/Unconsolidated
 PLAINTIFF FIRMS IN THIS OR SIMILAR CASE:
  • Freeman, Wolfe & Greenbaum, P.A.
      409 Washington Avenue Suite 300, Towson, MD, 21204
       (voice) 410.321.8400, (fax) 410.321.8407, http://www.fglawoffice.com
  • O'Rourke Katten & Moody
      161 North Clark Street, Suite 2230, Chicago, IL,
       (voice) 312.849.2020, (fax) , info@okmlaw.com
    _____________________________________________
     TOTAL NUMBER OF PLAINTIFF FIRMS:  2

  •  DOCUMENTS FOR THE FIRST IDENTIFIED COMPLAINT
    Complaint For Breach of Fiduciary Duty - Jury Trial Demanded
    Type: Complaint Date on the document: 08/28/2007
    U.S. District Court Civil Docket
    Type: Docket Date on the document: 11/12/2007

     OTHER DOCUMENTS
    Case Name and/or Number: 
    Type:  Date on the document: 

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