Wednesday, August 28, 2013

FOXBusiness.com: Blackstone to pay $85 million to settle lawsuit over IPO

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Blackstone to pay $85 million to settle lawsuit over IPO
Aug 28th 2013, 23:28

Blackstone Group LP has agreed to pay $85 million to settle an investor class action lawsuit accusing the private equity giant of not disclosing bad investments before its $4.

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