On $2/4/24,$ the US announced it was suing S & P under a $1989$ federal law intended to protect taxpayers from fraud involving federally insured financial institutions. Fraud is considered a violation of both civil and criminal law. Several of the ratings agency$$s business practices have been widely criticized and questions have been raised over whether independent analysis was corrupted by Wall Street$$s push for profits.

Which of the following statements is$/$are true?

Group of answer choices

A legal challenge can be brought in either state or federal court.

It would be easier for the US to win if civil charges as opposed to criminal charges were filed.

If the US decides to bring a civil action, it could also bring a criminal action.

In a civil case, the US would have to prove its case beyond a reasonable doubt.