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Agents from the Federal Bureau of Investigation on Tuesday raided the offices of Doral Financial in San Juan, Puerto Rico, as part of an investigation involving the struggling bank.

After news of the raid, trading in Doral shares was halted on Tuesday morning. When trading resumed, the shares tumbled, closing the day down more than 16 percent to $3.40. Doral’s share price has fallen more than 78 percent this year.

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NY Times