PwC settles pension funds' claims

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US - Auditor and tax specialist, PricewaterhouseCoopers LLP (PwC), has agreed to pay $97.5m to settle three pension funds' claims in securities litigation against American International Group, Inc. (AIG), the Office of Ohio attorney general Nancy Rogers has announced.

The pension funds involved were the Ohio Public Employees Retirement System, State Teachers Retirement System and Ohio Police & Fire Pension Fund. The Ohio attorney general's office said it had...

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