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Top News Links: Tuesday, May 21

Schools, gun rules and more on Legislature's final day for 2013

Wrap-up of the final meeting day for the 2013 Legislative session. — Montgomery Advertiser/South Union Street

Governor's plea for delaying new private school tuition tax credit overturned by lawmakers. — Montgomery Advertiser

Gun bill heads to governor. — Anniston Star

Foreclosure rigging pair sentenced to jail time

A Mobile father and son, part of a group of investors who rigged foreclosure sales by not bidding against each other, then holding a second private bid within their group, were sentenced to more than a year in prison and faced fines as restitution to property owners. — Mobile Press-Register

Dynetics introduces radar to keep hazards off airport runways

Huntsville's Dynetics showed off its new surveillance radar designed to detect people vehicles, wildlife and other potential hazards on airport runways, during airport executives meeting in Nevada. — Dynetics PR

Birmingham medical group goes to court over Morgan Stanley's handling of retirement funds

Skin Pathology Associates Inc., based in Birmingham, has filed suit against Morgan Stanley, hoping to create a class action againt the investment firm, saying it steered retirement funds to investments Morgan Stanley took fees from.. — Fox Business

State launches marketing campaign for biotech industry

Alabama's Department of Commerce has launched a new campaign to market the state's growing biotechnology sector, estimating that some 550 companies are now at work in the field. — Birmingham News

Steel leader's role questioned as ThyssenKrupp flirts with financial disaster

Berthold Beitz, 99, helped mold ThyssenKrupp into international industrial giant; now some insiders and analysts lay blame for the company's financial mess at his doorstep. — Bloomberg

One of two charges against BP exec dismissed

The Associated Press reports that a charge of obstruction of Congress against BP exec David Rainey has been dismissed in federal court, when the judge ruled there was no indication Rainey new about the investigation at the time he was charged with obstructing it; a second charge of presenting false information still stands; big loss for Justice Department — Biloxi Sun Herald/NPR

BlackRock flexes muscle in corporate votes

Giant investor BlackRock uses clout to second-guess companies' management; Mobile's CPSI lost director to the firm's power vote. — New York Times

Colonial Properties eyes sales of Atlanta office tower

Colonial Properties Trust, based in Birmingham, is on the brink of a deal to sell the last of its office towers in Atlanta, as the investor firm focuses on apartment complexes. — Atlanta Business Chronicle

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