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Lehman MDL Plaintiffs Settle With Underwriters For $417M

By Lana Birbrair (December 5, 2011, 8:59 PM EST) -- Underwriters for Lehman Brothers Holdings Inc. on Friday agreed to pay $417 million to settle a suit in multidistrict litigation accusing the bank and its underwriters of misleading investors about risky subprime mortgage positions in their securities offerings, including retirement accounts....

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