UPDATE 1-Merkin settles Madoff-related lawsuit with New York
Posted on June 24, 2012 at 15:24 PM EDT
NEW YORK, June 24 (Reuters) - Money manager Ezra Merkin has agreed to pay $410 million to settle a lawsuit brought by the New York attorney general that accused Merkin of steering client money to Ponzi schemer Bernard Madoff, a person familiar with the settlement said on Sunday.
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