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Tuesday, November 15, 2016 2:03:39 AM
They evidently did know about the impending dividend, but didn't believe it was a problem for them or for their clients, because they and their clients believed the stock was ineligible for the divvy. They were right about that.
COR and other clearing firms deal with many similar transactions, so they probably didn't pay a great deal of attention to these. But they should have asked for more information with the original GIM note, which cannot have been issued in 2010, as Calissio claimed.
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