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November 4, 2000 | DUNCAN HOLLOBONE, REUTERS
Hundreds of investors faced ruin Friday after a British judge ruled that Lloyd's of London did not mislead them into risking all they owned with the insurer while it knew huge losses were on the horizon. In the latest chapter in a saga that has involved suicides, divorces, nervous breakdowns and lost family fortunes, Justice Peter Cresswell rejected the so-called Names claim that Lloyd's lied to them about looming claims for compensation connected to asbestos-related diseases.
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