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Duquesne Light Holdings Inc.



In a securities fraud class action suit, investors and officers of Duquesne Light Holdings Inc. reached a tentative settlement of $12 million. The lawsuit was brought against the Pittsburgh-based electric company after the chair and chief executive officers allegedly made false statements about the company's finances and future. The plaintiffs who bought 11 million shares in 2000 and 2001 will divide the settlement by share. (Sep-23-05) [THE STATE]


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