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Stifel Nicolaus to settle for $1 million in fee dispute

Hampton Roads Bankshares Inc., the bank holding company that bought Gateway Financial Holdings last year, agreed to pay $1 million to settle a suit by Stifel Nicolaus accusing Gateway of failing to pay advisory fees. The settlement was reached June 18, according to Hampton Roads' June 24 regulatory filing. Stifel Nicolaus, the investment-banking unit of St. ...

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