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Tesco Ends Final Securities Suit Over $425M Overstatement

By Carmen Germaine ( September 16, 2016, 7:17 PM EDT) -- U.K. grocery giant Tesco PLC, a group of insurance companies and an investment firm reached an agreement Friday to dismiss the last of claims in Ohio federal court that the grocer committed securities fraud by concealing that it overstated profits by £326 million ($425 million)....

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