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Cisco (CSCO) to Pay $70M in Fraud Damages from Xpertuniverse Case

March 22, 2013 12:14 PM EDT
Cisco Systems, Inc. (Nasdaq: CSCO) will pay $70 million in fraud damages, according to headlines Friday. The decision comes from a case in which Xpertuniverse sued Cisco over a partnership.

Shares of Cisco are modestly lower on the session.


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