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Freeport Pays $138M In Derivative Suit, Including Dividend

By Cara Salvatore (January 15, 2015, 4:17 PM EST) -- Freeport McMoRan Copper & Gold Inc.'s board has reached a $137.5 million settlement in a derivative suit over $20 billion worth of energy company acquisitions that shareholders such as the Boston retirement system said were rife with conflicts of interest....

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