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Industry News & TrendsClass-Action Suit Against SSB's CAP Gains SteamClass-Action Suit Against SSB's CAP Gains Steam
Salomon Smith Barney took another hit today as the Superior Court of the State of California "ordered" publication that the state became the fifth separate class-action lawsuit to be certified against the firm's Capital Accumulation Plan (CAP), according to Los Angeles attorney Ashley Posner. The suit in California was filed by David B. Schachter, a former Salomon Smith Barney broker who is challenging
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