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RBS, Others Can't Dodge $7.7B MBS Action In 2nd Circ.

By Max Stendahl (March 1, 2013, 3:36 PM EST) -- Royal Bank of Scotland Group PLC, Deutsche Bank AG and other banks must face a class action over $7.7 billion in mortgage-backed securities that soured during the financial crisis, the Second Circuit ruled Friday, saying the lead plaintiff could sue over securities in which it did not invest....

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