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Brazilian Bank To Pay $14.5M To End Investor Suit Over Bribes

By Reenat Sinay ( July 2, 2019, 1:53 PM EDT) -- Investors in Brazilian bank Banco Bradesco SA asked a New York federal court on Monday to give the initial green light to a $14.5 million cash settlement to end a stock-drop suit against the bank for allegedly artificially inflating its securities prices by hiding a tax bribery scheme....

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