Thursday, June 28, 2007

UPDATE 1-Mellon settles IRS probe for $16.5 mln

(Reuters) - In return for paying the fine, Mellon will be released from
any civil or administrative monetary claims made under the
False Claims Act, the Pittsburgh-based company said.




The settlement ends the Washington's long-running review of
how workers at Mellon's Pittsburgh "lockbox" processing unit in
April 2001 destroyed 77,000 U.S. tax returns and payments.


Read more at Reuters.com Government Filings News

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