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Adelphia, Rigas Family Settle Fraud Case

The Rigas family will forfeit $1.5 billion; the company will pay $715 million to create a fund to compensate victims of 'one of the most extensive financial fraud ever to take place at a public company.'

> > The Rigas family, which founded the now-bankrupt cable giant, will forfeit 95% of its assets
Source: CFO


Published:2005-04-26
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