OTHER NEWS - June 9, 1992
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From Times Staff and Wire Reports
A shareholder has sued San Diego-based Jenny Craig Inc., the company announced, alleging certain mistatements in the prospectus filed as part of the company’s November, 1991, public stock offering and in subsequent reports and statements by the company. . . . The Federal Reserve said the average yield for one-year Treasury bills, the most popular index for making changes in adjustable rate mortgages, was 4.27% last week, unchanged from a week earlier.
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