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Tuesday Express: Wells Fargo sues ex-brokers; Legg Mason to settle for $64.2M

* The White House has nominated Elad Roisman to replace SEC commissioner Michael Piwowar for a term expiring June 5, 2023. Roisman is chief counsel to the Senate Banking Committee.

* Wells Fargo is suing a group of brokers who moved to Kestra Private Wealth Services after a client claimed that her personal information was taken without her consent, New York-based On Wall Street reports.

* Australian authorities have charged Australia & New Zealand Banking Group, Deutsche Bank and Citigroup Global Markets Australia with criminal cartel offences in relation to a 80.8 million share placement by ANZ in 2015.

* Cerberus Capital Management is offering $125 million to purchase Dubai-based buyout firm Abraaj Group's private equity business, sources told The Wall Street Journal.

* Legg Mason agreed to pay $64.2 million in penalties and disgorgement to settle the U.S. Department of Justice's investigation into the company's involvement in a Libyan bribery scheme.

* Black Knight, a Jacksonville, Fla.-based provider of integrated software, data and analytics solutions, has acquired artificial intelligence company HeavyWater.

* Cryptocurrency exchange operator Coinbase opened an office in Japan as it prepares to enter the Japanese virtual currency market.

* The U.S. Supreme Court denied Liberty Mutual Insurance's request to review an appeals court ruling regarding the company's claim that New York violated its constitutional rights and exposed them to more than $1 billion in liability when it closed a workers' compensation fund, Reuters reports.

* AmTrust Financial Services management may need to increase the company's sale price in order to lock down support from Carl Icahn for its go-private deal to push through.

* And Cigna told Bloomberg News that it mistakenly sent information, including bank account details, of some of its customers in Asia to other clients and healthcare providers due to a system error.

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