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Zack Phillips

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Topic

New York Insurance Exchange revival plans move ahead

Officials who are seeking to revive the New York Insurance Exchange may be moving away from earlier discussions of favorable tax treatment for participants, according to preliminary recommendations that indicate what shape the facility may take.

Topic

Cost of settling class actions in securities cases rose in ’09

The cost of settling securities class actions increased by 35% last year, according to a report released last month by Cornerstone Research.