Fieldstone Investment Corp.

Columbia, MD: (Feb-22-07) Fieldstone Investment Corp. ended its litigation with former Fieldstone shareholders who accused it of fraudulent business practices relating to the price paid by Fieldstone to redeem their shares following the closing of Fieldstone's Rule 144A equity offering in 2003. The lawsuit ended with Fieldstone agreeing to pay its shareholders a total of $10.6 million. In return, the company will receive a full mutual release from all of the parties to the litigation and dismissal of all claims with prejudice. [PR NEWSWIRE: FIELDSTONE SHAREHOLDERS]

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