2011-08-09 — pittsburghlive.com
``PNC Financial Services Group Inc. said it reached an agreement to pay $168 million to settle a securities fraud lawsuit brought by investors of National City Corp., which the company acquired in 2008. Investors, led by the New York State Common Retirement Fund, sued National City in 2008, claiming the bank misrepresented the extent of losses from mortgages and home equity loans, artificially inflating share value.''
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