<p>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 &amp; 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.</p>