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COPYRIGHT 2005 The Miami Herald
Byline: Patrick Danner
Aug. 30--Investors who claim they were defrauded in the purchase of life-insurance policies from the now defunct Mutual Benefits Corp. have reached a $10 million settlement with the firm's lawyer.
The deal with Fort Lauderdale-based Brinkley, McNerney, Morgan, Solomon & Tatum would mark the first major settlement between more than 29,000 Mutual Benefits investors and about 50 defendants connected with the viatical-settlement provider.
In agreeing to settle, Brinkley McNerney denied any wrongdoing. It said in a recent court filing that it only settled...
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