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Doral Financial Corp DRL



NYSE:DRL - Post by User

Post by westcoast77on Oct 13, 2014 10:38am
151 Views
Post# 23023486

Judge rules in favour of DRL in tax dispute

Judge rules in favour of DRL in tax dispute

09:10 AM EDT, 10/13/2014 (MT Newswires) -- Doral Financial (DRL) surges more than 51% after a Puerto Rico judge ruled in favor of DRL late on Friday in its $229 million tax dispute with the Puerto Rico Treasury Department, which said it would appeal.

"The court finds that the State failed to prove that relevant facts were falsified," Puerto Rico Superior Court Judge Laureana Perez said in her 48-page ruling.

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