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Citi Units Skirt Suit Over $348M Metal Co. Deal

By Eric Hornbeck (March 27, 2013, 6:24 PM EDT) -- A New York state judge put the brakes Wednesday on a lawsuit accusing Citigroup Inc.'s private equity affiliates of hiding a steel company's government contracting violations before they sold it in a $348 million deal, ruling that the allegations were too sparse. ...

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