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SECURITIES

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<i> Times Staff and Wire Reports</i>

Prudential Accord Gets Final OK: The $110-million settlement, one of Wall Street’s largest in a class-action suit, was approved by U.S. District Judge Milton Pollack in New York. The ruling ends nearly all remaining court claims from investors against Prudential stemming from the sale of about $8 billion worth of speculative partnerships in the 1980s. The criminal complaint charged Prudential with securities fraud in the sale of $1.4 billion of energy-income limited partnerships to more than 100,000 investors, saying the company misled them about the risks and returns of the partnerships. The unit of Prudential Insurance Co. of America said in August that it is likely to pay more than $1.5 billion in legal claims and costs resulting from the sale of partnership.

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