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Broker Says Insurer Can't Blackball Attys In Churning Case

By Andrew Scurria (May 13, 2014, 8:02 PM EDT) -- A securities brokerage accused of trading excessively to churn a client's bill sued an XL Group PLC insurer in New York court Tuesday, seeking the right to control the selection of defense counsel based on the carrier's alleged conflict of interest in the decision....

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