Stocks and sharesEmployee health and pension funds that launched a consolidated class action in New York federal court accusing Royal Bank of Scotland Group PLC of misleading investors in mortgage-backed securities offerings have agreed to a $275 million cash settlement.

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Stocks and sharesThe U.S. Supreme Court on Monday agreed to review another securities class action case: Public Employees’ Retirement System of Mississippi v. IndyMac MBS Inc.  The case arose out of the massive collapse of securities that were backed by home mortgage loans. 

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