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UPDATE 1-Sprint settles U.S. class-action lawsuit for $131 million

April 01, 2015

March 31- Sprint Corp has agreed to a $131 million settlement of a class-action lawsuit accusing the third-largest U.S. wireless carrier of defrauding investors about problems dating back to its $36 billion merger with Nextel Communications Inc in 2005.. The all-cash settlement made public on Monday resolves claims that Sprint, former Chief Executive Gary...

Source: http://www.cnbc.com/id/102549319
 
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