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Jacko Settles for $48M

06/19/07
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(Jam!) Lawyers for Michael Jackson settled a lawsuit Monday brought by a New Jersey finance company that claimed Jackson cheated it out of US$48 million.

The lawsuit by Prescient Acquisition, a Hackensack, N.J., firm, was settled just as jury selection was set to begin in U.S. District Court in Manhattan. Terms of the settlement were not released.[see full story for more] - Click here for the Full Story

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