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Morgan Peabody Auditor, Investors Resolve Ponzi Suit

By Zach Winnick (June 24, 2011, 4:43 PM EDT) -- A California state judge approved a settlement Friday between the remaining defendant in a class action and investors alleging they were bilked into buying unregistered, unqualified securities in a Morgan Peabody Inc. subsidiary in what amounted to a Ponzi scheme....

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