CHICAGO -- Moody's Investors Service will file objections to a U.S. magistrate's recommendation to certify as a class action a racial discrimination lawsuit brought against the rating agency by black and Hispanic employees.

Michael Delikat, an attorney representing Moody's, said yesterday that the rating agency has until July 22 to file the objections with U.S. District Court Judge Whitman Knapp, who must ultimately rule on whether or not the suit is to be certified a tass action.

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