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Allstate sues two more banks over mortgage fraud

Allstate says Citigroup and Deutsche Bank AG hid the risks on more than $385 million mortgage securities and it bought from the two banks and now it wants revenge. Lawsuits filed by the largest publicly-traded U.S. home and auto insurer brings the total lawsuits against banks to four.  Allstate has already filed similar lawsuits against Bank of America and JPMorgan Chase. The company is trying to recover more than $1.8 billion in securities and says the banks are guilty of fraud.
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