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Bain Capital Complaint Should Be Made Public, Court Rules
A judge has ruled that certain information involved in a lawsuit against Bain Capital, the private equity firm where Mitt Romney made his fortune, should be released to the public.
U.S. District Judge Edward Harrington said in a decision on Friday that the public has the right to see a new complaint filed as part of a class-action antitrust lawsuit that claims Bain Capital and 10 other private equity firms colluded with one another to keep the costs of leveraged buyouts low. The plaintiffs recently filed another complaint with new information, but that complaint has not yet been made public because of opposition from Bain Capital lawyers, who say doing so could hurt the company's business because of increased scrutiny during the election news cycle.
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