NationsBank sued over deal in Texas.

ATLANTA -- An investor group in Dallas has filed a lawsuit alleging that NationsBank Corp. used stolen information in acquiring First RepublicBank Corp. from federal regulators in 1988.

Lone Star Partners, in a state court filing last month in Dallas, sought up to $4 billion in damages, charging that NationsBank chief executive Hugh L. McColl Jr. worked with his son to steal information about Lone Star's proposal to acquire the troubled First Republic.

Hugh L. McColl 3d worked for the investment banking firm that represented Lone Star.

A NationsBank spokesman said the company flatly denied the charges.

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