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Prudential Pays $33M To End Unpaid-Policy Shareholder Suit

By Brandon Lowrey ( August 24, 2016, 9:12 PM EDT) -- Prudential Financial Inc. has agreed to pay $33 million to end a shareholder class action alleging the insurer's stock values tumbled when it revealed it had held onto money that should have been paid to policy beneficiaries or state unclaimed property funds, according to a settlement motion filed in New Jersey federal court Wednesday....

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