More than 50,000 unionized teachers in New York and New Hampshire will get an average of $450 from a settlement with investment company ING, which paid fees to unions to steer business its way, New York Attorney General Eliot Spitzer said Tuesday. Spitzer said the $30 million settlement ends his investigation of the Dutch-based ING Groep NV. The company also agreed to explain its investment products and financial arrangements more clearly to plan participants, according to the settlement.
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Posted on Wednesday, October 11th, 2006. Filed under: Employment, Law Misc
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