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Fedders, Banks Hit With $150M Misconduct Suit

By Brendan Pierson (March 31, 2008, 12:00 AM EDT) -- Creditors of bankrupt air-conditioner-maker Fedders North America Inc. on Thursday filed a lawsuit seeking up to $150 million in damages against several of Fedders' officers and outside lenders, who they say dragged Fedders into bankruptcy through various forms of misconduct....

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