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New York AG Letitia James announced a $2bn settlement with Genesis to repay defrauded investors. Genesis will create a Victims' Fund for 29,000 New Yorkers and is barred from operating in the state.

New York AG Letitia James announced a $2bn settlement with Genesis to repay defrauded investors.

Genesis will create a Victims' Fund for 29,000 New Yorkers and is barred from operating in the state.

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