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Housing authorities to benefit from $56M settlement (access required)

Financial services companies Natixis Funding Corp. and Societe Generale will pay more than $56 million to North Carolina and 21 other states to settle allegations a bid-rigging scheme defrauded local governments, hospitals and housing agencies, Attorney General Roy Cooper said. Mecklenburg County is among the organizations eligible to get money back, Cooper said. Under two multistate settlements, ...

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