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The Boston Globe

Business

ATM firm agrees to change its disclosure practices following state investigation

Merrimak ATM Group LLC has agreed to pay $50,000 to the Commonwealth to settle allegations that it failed to post fee disclosure notices on some of the ATMs it operates in the Bay State, the office of Massachusetts Attorney General Martha Coakley said Monday.

Merrimak, which is described as a nonbank ATM provider with its principal place of business in California, also agreed to change its disclosure practices, following a joint investigation by Coakley’s office and the state Division of Banks.

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