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OSG Investors Agree To Settle Suit Over $435M Tax Debt

By Rebecca McCray (February 26, 2015, 2:40 PM EST) -- A group of Overseas Shipholding Group investors have agreed to settle a class action lawsuit against company executives and others for allegedly hiding the $435 million tax debt that drove the tanker company to bankruptcy, according to letter filed Wednesday in New York federal court by investors' counsel....

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