Lender Processing Services, Inc. LPS announced that its subsidiary DocX, LLC, has reached a settlement with the Missouri Attorney General, resulting in a dismissal of the criminal charges pending against DocX, LLC.
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The terms of the settlement provide for, among other things, a voluntary contribution of $1.5 million to the State of Missouri, reimbursement of $500,000 to the Missouri Attorney General's Office for its fees and costs of investigation, and a complete release of any potential liability of LPS and DocX in the State of Missouri.
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