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Merrill Lynch & Co. and New York Attorney General Eliot L. Spitzer buried the hatchet Tuesday as the brokerage firm agreed to pay a $100 million fine to settle allegations it misled investors with stock market research. The company, although admitting no wrongdoing, issued a public apology for the conduct of its Internet stock analysts and agreed to implement several new business practices.
May 22, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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