Financial Times

Broker Collins Stewart filed a $37 million GBP libel claim against the newspaper. An August 2003 article detailed allegations about the broker's business methods by James Middleweek, a former analyst with the firm. The Financial Times has agreed to cover Stewart's $2.2 million GBP legal bill, publish an apology costing $10,000 GBP in advertising and pay a $300,000 GBP settlement. (Jan-18-06) [TIMES ONLINE]

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