GEOFFREY VARGA plf-ap, v. MCGRAW HILL FINANCIAL, INC. FORMERLY KNOWN AS THE MCGRAW-HILL COMPANIES, INC., ETC. def-res, BEAR STEARNS HIGH-GRADE STRUCTURED CREDIT STRATEGIES MASTER FUND LTD., ET AL., Nominal def

3067-3068. GEOFFREY VARGA plf-ap, v. MCGRAW HILL FINANCIAL, INC. FORMERLY KNOWN AS THE MCGRAW-HILL COMPANIES, INC., ETC. def-res, BEAR STEARNS HIGH-GRADE STRUCTURED CREDIT STRATEGIES MASTER FUND LTD., ET AL., Nominal def — Reed Smith LLP, New York (James C. Martin of the bar of the State of California and the Commonwealth of Pennsylvania, admitted pro hac vice, of counsel), for ap — Cahill Gordon & Reindel LLP, New York (Charles A. Gilman of counsel), for res — Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York (Martin Flumenbaum of counsel), for Fitch Group, Inc., Fitch Ratings, Inc., and Fitch Ratings Ltd., res — Order, Supreme Court, New York County (Anil C. Singh, J.), entered August 4, 2015, which, inter alia, granted defendants McGraw Hill Financial, Inc., Standard & Poor's Financial Services LLC, Moody's Corporation, Moody's Investors Service Inc., Moody's Investors Service Limited, Fitch Group, Inc., Fitch Ratings, Inc. and Fitch Ratings Limited's (the rating agencies) motion to dismiss the complaint, unanimously affirmed, without costs. Order, same court and Justice, entered on or about January 13, 2016, which, upon renewal, adhered to the original determination, and denied the part of plaintiffs' motion seeking leave to amend the complaint, unanimously affirmed, without costs.

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3067-3068. GEOFFREY VARGA plf-ap, v. MCGRAW HILL FINANCIAL, INC. FORMERLY KNOWN AS THE MCGRAW-HILL COMPANIES, INC., ETC. def-res, BEAR STEARNS HIGH-GRADE STRUCTURED CREDIT STRATEGIES MASTER FUND LTD., ET AL., Nominal def — Reed Smith LLP, New York (James C. Martin of the bar of the State of California and the Commonwealth of Pennsylvania, admitted pro hac vice, of counsel), for ap — Cahill Gordon & Reindel LLP, New York (Charles A. Gilman of counsel), for res — Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York (Martin Flumenbaum of counsel), for Fitch Group, Inc., Fitch Ratings, Inc., and Fitch Ratings Ltd., res — Order, Supreme Court, New York County (Anil C. Singh, J.), entered August 4, 2015, which, inter alia, granted defendants McGraw Hill Financial, Inc., Standard & Poor’s Financial Services LLC, Moody’s Corporation, Moody’s Investors Service Inc., Moody’s Investors Service Limited, Fitch Group, Inc., Fitch Ratings, Inc. and Fitch Ratings Limited’s (the rating agencies) motion to dismiss the complaint, unanimously affirmed, without costs. Order, same court and Justice, entered on or about January 13, 2016, which, upon renewal, adhered to the original determination, and denied the part of plaintiffs’ motion seeking leave to amend the complaint, unanimously affirmed, without costs.

Plaintiffs allege that the rating agencies fraudulently misrepresented the creditworthiness of certain residential mortgage-backed securities and collateralized debt obligations secured by subprime residential mortgages by assigning them artificially high ratings, and that the nominal defendants (the master funds), in which Bear Stearns High-Grade Structured Credit Strategies (Overseas) Ltd. and Bear Stearns High-Grade Structured Credit Strategies Enhanced Leverage (Overseas) Ltd. (the feeder funds), of which plaintiffs are the joint official liquidators, invested all their capital and were shareholders and/or investors, relied upon those misrepresentations in deciding to invest in those securities and maintain the investments.

GEOFFREY VARGA plf-ap, v. MCGRAW HILL FINANCIAL, INC. FORMERLY KNOWN AS THE MCGRAW-HILL COMPANIES, INC., ETC. def-res, BEAR STEARNS HIGH-GRADE STRUCTURED CREDIT STRATEGIES MASTER FUND LTD., ET AL., Nominal def

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