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Allstate Hits Citi, Deutsche Bank With MBS Suits

By Richard Vanderford ( February 18, 2011, 6:55 PM EST) -- Allstate Insurance Co. accused Citigroup Inc. and Deutsche Bank AG-affiliated entities Friday of misrepresenting the risks of $385 million in mortgage-backed securities, on the heels of a similar suit against JPMorgan Chase Bank NA....

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