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Saturday, February 21, 2004

Posner watch:
hat tip steve middleton

By Bloomberg News
A U.S. appeals court has thrown out a $3.1 million settlement of claims
that FleetBoston Financial Corp. illegally provided telemarketers with
information about customers.
The settlement "sold these 1.4 million claimants down the river," wrote
U.S. Circuit Judge Richard A. Posner. The decision, issued Thursday for
the Seventh U.S Circuit Court of Appeals in Chicago, sent the case back to
the trial court.

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