WASHINGTON - Attorneys in the Richmond, Calif., Unified School District case have tentatively agreed to settle an investor lawsuit over the district's defaulted certificates of participation by repaying the $9.8 million issue in full through a state-authorized refinancing scheme.

Michael E. Hersher, deputy general counsel of the California Department of Education, said that while attorneys have drafted the tentative agreement, not all of the principal parties have signed it, and it still is subject to approval by the Contra Costa County Superior Court.

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