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Merrill To Fork Over $18M In Ill. Funeral Group Probe

By Anne Urda (May 21, 2009, 12:00 AM EDT) -- Merrill Lynch Life Agency Inc. has agreed to hand over $18 million to resolve an Illinois probe into an alleged scheme by one of the insurer's agents that resulted in the Illinois Funeral Directors Association being in the red by more than $50 million in 2008....

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