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Apple Computer Settles Suits: The Cupertino, Calif.-based...

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From Times Staff and Wire Service Reports

Apple Computer Settles Suits: The Cupertino, Calif.-based firm said it settled two securities-law class-action suits filed against it in 1989. The actions alleged damages to persons who purchased Apple’s common stock from Jan. 17 to Jan. 27, 1989. The settlement provides for the payment by Apple and its insurance company of a total of $5.65 million.

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