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Aon Corp. insurance brokerage said in a Securities and Exchange Commission filing yesterday that it will restate earnings for the past four years after an internal review of stock options found that they were recorded incorrectly.

The company said no improper backdating was involved. Aon said compensation expenses for 2006 and 2005 would be increased by $2 million and $3 million, respectively, as a result of the restatement.

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