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New York Attorney General Eliot Spitzer on Monday filed a much-anticipated civil suit against Richard A. Grasso, the former New York Stock Exchange chairman whose $187.5 million pay package caused an uproar leading to his resignation. Spitzer charged that the exchange's board was misled about the compensation and said he would seek more than $100 million from Grasso. The suit relies on laws governing New York not-for-profit corporations.
May 25, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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