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TD Bank Sues PE Chief's Widow Over $16M In Unpaid Debts

By Kaitlin Ugolik (August 9, 2012, 2:16 PM EDT) -- TD Bank NA on Wednesday sued the widow of Frank Pearl, founder of private equity firm Perseus LLC, to recover $16.25 million he owed as guarantor of loans made to Perseus and allegedly sought to avoid before his death by transferring $300 million of his interest in the firm to his wife....

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