A federal judge last week rejected Capital Cities/ABC's request for relief from a $10 million libel award to Florida's BFC Financial Corp. and chairman Alan B. Levan.

In December a federal jury ruled that ABC and producer William H. Willson libeled Mr. Levan and BFC, parent of $2.7 billion-asset BankAtlantic Bancorp, Fort Lauderdale, in a November 1991 segment on the news program "20/20." The segment, titled "Too Good to be True," had accused Mr. Levan of swindling investors who bought BFC real estate securities.

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