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Lawsuits filed by the Federal Deposit Insurance Corporation (FDIC) against chief executives of failed financial institutions have outpaced new filings in any period of the past three years, shows a new research study.

According to economic analyst Cornerstone Research, at least 32 suits were filed so far this year, and the rate is increasing as time passes: there were 10 lawsuits filed in the first quarter, 15 in the second quarter, and seven already filed in the third quarter. 

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