Moody’s contends one credit ratings is actually opinions, not circumstances, and that opinions are not actionable because scam Federal Home loan Bank regarding Boston v (NYSCEF 39 at the 19). v. McGraw-Mountain Cos., Inc., 126 Good.D.three-dimensional 1414, 1416, 5 Letter.Y.S.three dimensional 783 (next Dep’t 2015). The latest FHLBB’s issue include detailed accusations one Moody’s consciously provided incorrect ratings to help you PLMBS based on suggestions it visit the site here realized are inaccurate, utilized designs it understood were inaccurate and you will outdated, did not follow a unique criteria, and you can involved with studies searching of the reducing their criteria so you can render greatest product reviews and you will create alot more providers, certainly one of a great many other allegations. New FHLBB and alludes to to your comments out-of Moody’s managers to support their allegation you to Moody’s realized their critiques have been incorrect. (NYSCEF step one at 52, 55).