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‘Litigation explosion’ for bankers may have ended, Aon says

The ‘litigation explosion" that forced U.S. financial firms into courtrooms last year to defend money-losing investments and bad loans may have ended with the recovery of equity markets, Aon Corp. said. U.S. securities class action suits in the first nine months of 2009 fell 20 percent from the same period in 2008 to 130, with 49 ...

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