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Merrill Lynch Settles Charity's $33M Suit Over Madoff Losses

By Maria Chutchian ( August 29, 2012, 3:35 PM EDT) -- Merrill Lynch Pierce Fenner & Smith Inc. has settled a Florida charity's $33 million lawsuit alleging breach of fiduciary duty over investment losses in Bernard L. Madoff's massive Ponzi scheme, according to Financial Industry Regulatory Authority documents released Tuesday....

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