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MCI Inc. and 18 former executives have agreed to pay as much as $51 million to settle suits filed by workers whose retirement accounts lost billions of dollars after an accounting scandal caused the company's stock to plummet. Employees have said MCI's internal culture encouraged them to concentrate their savings in WorldCom stock.
July 09, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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