In 2022, Moody's settled a case for giving lower bond ratings to public bonds. In 2012, Moody's settled multiple lawsuits with its shareholders over the ratings it gave to finance companies. In 2013, Moody's settled a lawsuit over the ratings it inflated during the Financial Crisis, misleading investors. In 2017, Moody's made another settlement to the U.S. Department of Justice over its credit ratings of RMBSs and CDOs which contributed to the 2008 Financial Crisis.