ADC Telecommunications Inc.+$0.14 $7.42 Shares rose nearly 2 percent on news that Merrill Lynch agreed to pay ADC $56.5 million to settle claims that arose from the sale of auction-rate securities. (Ticker: ADCT)
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A California man was accused of hiring a friend for a fictitious position and receiving a portion of wages from the no-show job via kickbacks.
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