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Washington Mutual Inc.

Seattle, WA: Comerica Inc. filed a lawsuit against the nation's largest thrift bank after workers resigned from Comerica in July 2005 to join Commercial Capital Bancorp Inc. The lawsuit alleged the employees tried to take business away from the financial services company when they moved. Washington Mutual bought Commercial Capital in 2006; it did not admit any wrongdoing, but has agreed to a $47 million settlement. (Nov-13-06) [HOUSTON CHRONICLE: WAMU SETTLEMENT]


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Published on Nov-13-06


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