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Home Page >> Settlements >> AIB US Settlements and VerdictsAIB US
Shareholders filed a class action lawsuit regarding currency fraud at the company's US subsidiary AllFirst in 2002. AIB agreed to a class action settlement without the admission of wrongdoing or liability and charges against the directors and some senior management of AllFirst were dismissed. Shareholders are set to receive a $2.5 million settlement. (Dec-22-05)
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