Thursday, 15 January 2015

UPDATE 2-Freeport-McMoRan in $137.5 mln settlement over purchases

Jan 15 (Reuters) - Freeport-McMoRan Inc agreed on Thursday to pay $137.5 million to resolve a lawsuit claiming executives and directors had conflicts of interest that caused the natural resources company to overpay significantly for two oil and gas companies in 2013.

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