Pounds 45m Blow for Equitable Victims

Daily MailDecember 03, 2005

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Summary


EQUITABLE Life's 750,000 policyholders were hit with a further Pounds 45million blow yesterday when the company settled its doomed legal battle against nine former directors.

They will have to pick up the bill for an action which many felt could never be won.

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Extract


Pounds 45m Blow for Equitable Victims

They will not get a penny in compensation from the directors and w...

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