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FDIC Sues Bank Officers for $33 Million

     CHICAGO (CN) - The FDIC sued six directors of the failed New Century Bank for $33 million, claiming they were grossly negligent and ignored repeated warnings before the bank collapsed in 2010....

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Judge Shines a Light on Medicare Program Bids

     WASHINGTON (CN) - A federal judge ordered disclosure as to how private health insurance companies bid for business through the Medicare Advantage program.     Dr. Brian Biles studies the federal...

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Fannie Mae Salesman Indicted

     LOS ANGELES (CN) - A Fannie Mae salesman took kickbacks from a mortgage broker to give him foreclosed property to sell on behalf of the agency, a federal grand jury said in an indictment....

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Supreme Court Revives Prison Guard Abuse Suit

     WASHINGTON (CN) - The United States must face claims that a trio of prison guards forced an inmate to perform oral sex, the Supreme Court ruled Wednesday.     Kim Millbrook claimed that three...

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Union Fights Mexican Consulate in Canada

     VANCOUVER, B.C. (CN) - A labor union fighting to keep farmworkers certified claims Mexico is not immune from unfair labor practice complaints for interfering with the constitutional rights of...

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Judge Nixes Claims Over Inflated Credit Ratings

     (CN) - A Florida credit union failed to prove that fraudulent inducement led it to invest more than $100 million in inflated mortgage-backed securities, a federal judge ruled.     From 2005 to...

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Judge Rejects Privacy Alarm on Smart Meters

     CHICAGO (CN) - A Chicago suburb's installation of smart meters that broadcast residents' electricity use throughout the day does not violate privacy, a federal judge ruled.     Naperville Smart...

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Volvo Transmission Defect Payout Approved

     (CN) - Volvo can settle warranty claims over faulty SUV transmissions by paying repair costs and $3 million in attorneys' fees, a federal judge ruled.     In a 2009 complaint on behalf of 95,000...

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Businessman Describes Philly Cops as Thugs

     PHILADELPHIA (CN) - Philadelphia police officers kicked in the teeth of a 60-year-old auto mechanic and robbed him of $34,000, the self-employed businessman claims in court.     Warren Layre and...

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Comcast 'Cluster' Class Shouldn't Have Been Set

     WASHINGTON (CN) - The Supreme Court on Wednesday disbanded a prematurely certified class of Comcast customers who allegedly paid higher rates.     In a December 2010 lawsuit, six Comcast customers...

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Horror Story Lawsuit Against Mother-in-Law

     HOUSTON (CN) - In the mother of all mother-in-law lawsuits, a woman claims that after her husband was murdered, his mother hijacked their business, took $1 million from it and "turned a cold...

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Judge Vacates Flawed Immigrant Wage Rule

     (CN) - Finding that the Labor Department's 2008 Wage Rule "directly contradicts" the Immigration and Nationality Act, a federal judge gave farmworker groups a permanent injunction.     In 1952,...

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'To Perpetuate the Human Race,' Hey?

     SALT LAKE CITY (CN) - Lawmakers claimed they amended the Utah constitution "to perpetuate the human race" by prohibiting same-sex marriage, but it's unconstitutional discrimination, three couples...

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Court OK's School Ban on Confederate Flag Shirts

     (CN) - A South Carolina school district did not violate the constitutional rights of a teen by repeatedly barring her from wearing shirts bearing the Confederate flag, the 4th Circuit ruled....

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NHL Skates on Boogaard's Leftover Contract Money

     LOS ANGLES (CN) - Parents to the late New York Ranger Derek Boogaard missed the deadline to sue over the millions left on their son's contract, a federal judge ruled.     With more than 250 pounds...

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County Cleared on Mafia Informant's Murder

     (CN) - An alleged leak that led to the murder of a mafia informant cannot sustain claims against a prosecutor's office in Bergen County, N.J., a federal judge ruled.     The Bergen County...

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Casket-Selling Monks Unravel Louisiana Law

     NEW ORLEANS (CN) - The Louisiana funeral board cannot keep a Catholic monastery from manufacturing and selling handmade wooden caskets, the 5th Circuit ruled.     St. Joseph Abbey and the deacon...

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Prayers in Florida City Meetings Pass Muster

     (CN) - Florida atheists failed to show that the city of Lakeland advanced Christianity in kicking off City Commission with sectarian prayers, the 11th Circuit ruled.     Lakeland has been opening...

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No Immunity for Lawyer Against Trafficking Suit

     (CN) - A California lawyer accused of aiding and abetting human trafficking cannot use immunity to fend off a legal malpractice class action, the 9th Circuit ruled Wednesday.     Robert Silverman...

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'MoneyPak' Cards Used for Extortion, Victims Group Claims

     DALLAS (CN) - CVS Caremark, Kmart, Kroger, Walmart, Walgreens and 7-Eleven are helping criminals collect ransom payments for hijacking computers with a virus, a crime victims advocacy group claims...

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