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MBIA (NYSE:MBI) Closing price $12.79

MBIA shares popped Monday on headlines that the firm defeated a Bank of America (NYSE:BAC) lawsuit in regards to the 2009 restructuring of the company. StreetInsider reports that a New York state judge denied a petition to overturn restructuring, but that decision has no effect on claims in a parallel suit. Shares were halted for volatility for a time on Monday.

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