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Hedge Funds' Class Action Over MBIA Split Lives On

By Evan Weinberger (February 12, 2010, 3:16 PM EST) -- A federal judge has said that a class action brought by a group of hedge funds alleging that MBIA Inc. committed fraud through its February 2009 reorganization can move forward, citing significant disagreements between the parties over regulators' approval of the splitting of the bond insurer....

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