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First Union's systems advisers might well be urging the bank to invest in new "e-mail shredding" technology, now that telltale electronic documents helped lead a Philadelphia jury to a $352 million verdict against the bank in a commercial tort case. The verdict, $15.2 million in compensatory damages and a whopping $337.5 million in punitives -- was for Pioneer Financial Mortgage.
July 26, 2000 at 12:00 AM
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The original version of this story was published on Law.Com
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