FirstCity Financial Agrees to Settle Lawsuit

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FirstCity Financial Agrees to Settle Lawsuit

WACO, Texas -- FirstCity Financial Corporation today announced that it has entered into an Agreement and Stipulation of Settlement which provides for the settlement of the lawsuit involving the disputed ownership of approximately $18.6 million of proceeds from the demutualization of Prudential Insurance Company. The agreement between the three claimants calls for the proceeds to be split evenly be
 
Topic: Debt Purchasing