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Easy Targets: Underwriters Fork Out $8.2B+ In '05 Fraud Settlements

By Marius Meland (November 14, 2005, 12:00 AM EST) -- A survey by Securities Law Bulletin shows plaintiffs firms are now targeting underwriters and advisors more aggressively than ever before, with nearly half of all reported securities fraud settlement dollars in 2005 squeezed from so-called third party defendants - primarily investment banks....

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