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US To Pay Meritor Shareholders $276M After 19-Year Fight

By Amanda Bransford (December 19, 2011, 9:19 PM EST) -- The U.S. Court of Federal Claims ordered the federal government to return $276 million to a class of Meritor Savings Bank shareholders Thursday, ending a 19-year legal battle alleging the government breached an agreement with the bank over its 1982 acquisition of the failing Western Savings Fund Society....

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