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Macquarie Says Syncora Fraud Claims Should be Nixed

By William Gorta ( October 13, 2016, 8:18 PM EDT) -- Macquarie Capital (USA) Inc. told a New York state judge Thursday that the fraud and negligence suit filed against it by monoline insurer Syncora Guarantee Inc. should be dismissed because Syncora collected millions of dollars in premiums after it learned of alleged misrepresentations, accepting the risk and ruling out the common law claims....

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