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Moelis To Pay $5M To End Claims Over Rural/Metro Buyout

By Lance Duroni ( April 25, 2013, 3:13 PM EDT) -- Moelis & Co. LLC has agreed to pay $5 million to former Rural/Metro Corp. shareholders to settle class claims that the financial adviser helped push through a lowball private equity bid for the medical transport company in 2011, according to a letter filed Thursday in Delaware Chancery Court. . . .

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