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LAWSUITS NEWS & LEGAL INFORMATION

Riggs National Corp. of PNC Financial Services Group Inc.

Shareholders filed a lawsuit against the bank claiming directors allowed the company to become a haven for "terrorism funding." Riggs and PNC agreed to pay shareholders a $2.7 million settlement and pay their lawyers an extra $1.1 million for hiding money of foreign leaders. (Nov-10-05) [PITTSBURG TRIBUNE REVIEW]


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Published on Nov-16-05


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