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3 GE Units Settle Claims They Rigged W.Va. Muni Bond Bids

By Aaron Vehling (July 28, 2014, 4:58 PM EDT) -- Three General Electric Co. finance units have agreed to pay the state of West Virginia $950,000 to settle an antitrust lawsuit alleging they helped manipulate the market for municipal derivatives, the state announced Monday, bringing the number of banks the state has settled with in the multidistrict litigation to seven....

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