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wstera2

03/27/03 6:29 PM

#91578 RE: wstera2 #91577

18:02 ET Lucent to settle class action suits for $315 mln (LU) 1.48 -0.04: Co has reached an agreement to settle all pending shareowner and related litigation. The agreement is a global settlement of what were 54 separate lawsuits. LU expects to record a charge of $420 mln, or $0.11 per share, related to the settlement.