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Signet settles case alleging miss-selling of finance, branded credit cards and payment protection insurance

Sterling Jewelers Inc, the division of Signet Jewelers that houses Kay Jewelers and Jared the Galleria of Jewelry, has agreed to pay $10 million to the U.S. Consumer Financial Protection Bureau and an additional $1 million to the New York Attorney General's Office to settle legal action over alleged miss-selling of branded credit cards to customers.