Connecticut will receive a credit of about $900,000 from the three major rating agencies as part of a settlement from a lawsuit it initiated, accusing the three of unfairly lowering ratings.

The state sued Moody’s Investors Service, Standard & Poor’s, and Fitch Ratings in July 2008, alleging deceptive and unfair trading practices resulted in cities, towns and school districts paying higher-than-necessary interest rates, and having to purchase unnecessary bond insurance.

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