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U.S. Treasury to fight IPG CEO's lawsuit over Russian oligarch listing

In a request for a preliminary injunction, Oxford laser manufacturer IPG Photonics and its Founder & CEO Valentin Gapontsev are calling for the U.S. Department of the Treasury to immediately remove Gapontsev from a list of Russian oligarchs.
The document, filed Feb. 15, calls for a hearing and for U.S. Secretary of the Treasury Steven Mnuchin and his department to remove Gapontsev, a Worcester resident and U.S. citizen, from the Treasury’ ...

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