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Home » Store » News » ABFI, First Union Settle Internet Slamming Lawsuit

ABFI, First Union Settle Internet Slamming Lawsuit

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A subprime lender has reached a settlement in a lawsuit regarding statements that analysts allegedly posted on a prominent Internet message board. In a lawsuit filed in the Philadelphia Common Pleas Court, American Business Financial Services alleged that two First Union employees, relying partly on confidential data, posted false information on an online forum sponsored by search engine Yahoo!. According to court filings, the employees wanted to drive
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