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The 322 technology companies being sued in federal court over their initial public offering allocation processes are likely to breathe sighs of relief as they move closer to settling the cases. Federal Judge Shira A. Scheindlin in New York has agreed to let the companies enter mediation talks with the investors. However, the investment banks that underwrote their IPOs won't be included in the talks.
March 28, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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