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Spectrum License Holder To Pay $9.4M To End Investor Suit

By Steven Trader ( October 12, 2017, 1:32 PM EDT) -- Straight Path Communications has agreed to pay $9.45 million to settle a lawsuit with shareholders who accused the telecommunications asset holder of improperly acquiring and overstating the value of spectrum licenses, which caused the company's stock price to drop when brought to light....

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