LOS ANGELES - Investors who lost $171 million on junk bonds purchased through the failed Lincoln Savings and Loan Association have been told they will recover 40 cents on the dollar in mid-October.

The investors' lawyer, Joseph Cotchett, said about 6 cents on the dollar has already been recovered from the thrift operation formerly owned by Charles H. Keating Jr. Mr. Cotchett said he expected nearly 100% to be repaid by the time all settlements are made.

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