Reader's Digest Nears Ch. 11 Exit With $27M FTC Claim Deal
By Gavin Broady ( May 31, 2013, 2:22 PM EDT) -- Reader's Digest Association Inc. asked a bankruptcy judge Thursday to approve a $27 million claim by the Federal Trade Commision over a deceptive marketing settlement that the company called one of the final hurdles in its emergence from bankruptcy....
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