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This excerpt taken from the C 10-K filed Feb 28, 2005. Reserve for the Securities and Exchange Commission's Transfer Agent Investigation During the 2004 fourth quarter, the Company recorded a $131 million after-tax reserve related to the expected resolution of the previously disclosed SEC investigation of transfer agent matters, which, combined with a $20 million after-tax reserve taken in the 2004 third quarter, fully covers the financial terms that the SEC staff has agreed to recommend to the Commission for resolution of this matter. See "Legal Proceedings" on page 141. 8 |
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