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Defunct Lebenthal Wealth Unit Faces Debt, Lawsuits

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As the heir to the once-famed Wall Street firm Lebenthal Holdings seeks to sell what remains of it, the company’s now-defunct wealth management unit faces a $2 million lawsuit and unpaid bills, the Wall Street Journal reports. Andrew Grillo, a former executive at Smith Barney, had joined Lebenthal Wealth Advisors…

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