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Business, general

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U.S. confirms probe of Nasdaq pricing

Article Abstract:

Several large securities dealers are being investigated by the Justice Dept on allegations that price fixing inflated the price spreads on stocks sold on the Nasdaq stock exchange. A district court dismissed a class-action suit on similar charges, but investors say they will refile their claim.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1995
Class actions (Civil procedure), Cases, Class action lawsuits, Investigations, United States. Department of Justice, Securities industry, Price fixing, Stockholders' derivative actions, Shareholder lawsuits, Nasdaq Stock Market Inc.

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Bank aiding East embarrassed by probe

Article Abstract:

The Financial Times reported that the EBRD had spent $312 million on operating and outfitting costs, compared to only $156 million on improving Eastern European economies between Apr 15, 1991, and Dec 31, 1992.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1993
Finance, European Bank for Reconstruction and Development

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