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Solow v. CitiGroup, Inc.
Case Number:
1:10-cv-02927
Court:
Nature of Suit:
Judge:
Firms
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May 18, 2012
Citigroup Gets NY Real Estate Mogul's Suit Stamped Out
A New York federal judge on Friday tossed real estate mogul Sheldon H. Solow's suit claiming Citigroup Inc. hid its recession-related financial troubles from investors, finding Solow hadn't shown how Citigroup's alleged misstatements had led to investor losses.
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April 25, 2012
Citigroup Wants Solow's Recession Crash Suit Nixed
Citigroup Inc. asked a New York federal judge Wednesday to dismiss real estate mogul Sheldon H. Solow's suit claiming it concealed its recession-related cash problems from him and other investors, arguing the strong downturn had caught everyone off guard.
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November 23, 2011
Citi Shakes Real Estate Mogul Solow's Fraud Suit
A New York federal judge on Tuesday dismissed real estate mogul Sheldon H. Solow's complaint against Citigroup Inc. and its CEO Vikram Pandit, saying Solow failed to show that the bank intentionally concealed its deteriorating financial health from investors at the beginning of the economic crisis.