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Felix Trinidad reaches debt deal

Updated: April 15, 2014, 3:20 PM ET
Associated Press

SAN JUAN, Puerto Rico -- Puerto Rico boxing star Felix Trinidad has reached a debt deal with a local bank following alleged losses of $63 million that he blames on a former financial adviser.

Tuesday's deal temporarily halts a $2.9 million payment that Banco Popular had sought from Trinidad.

Trinidad and his father had filed a complaint with the Financial Industry Regulatory Authority last week accusing former adviser Jose Ramos of making investments without their consent. Ramos ...

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