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Articles Posted in Native American Tribal Bonds

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Purshe Kaplan to Pay $9.5M to Native American Tribe

An alternative investment fraud settlement has been reached between Purshe Kaplan Sterling Investments and the Saginaw Chippewa Indian Tribe of Michigan, in which the independent broker-dealer will pay $9.5M. The tribe had filed an arbitration claim contending that it didn’t know that it was paying the firm millions of dollars…

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