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Rentokil-Initial Pension Scheme v. Citigroup Inc. et al
Case Number:
1:12-cv-06653
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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November 06, 2012
Citigroup Says $9B Euro Note Suit Untimely, In Wrong Court
Citigroup Inc. told a New York federal judge Monday that a proposed class action claiming the bank's falsified exposure to subprime mortgage assets led to $9 billion in losses for holders of its medium-term Euro notes is time-barred and can't be pursued in a U.S. court.
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September 04, 2012
Citigroup, Execs Targeted In $9B Euro Note Class Action
Citigroup Inc. and four current and former top executives were hit with a proposed class action brought by a pension fund Thursday alleging the financial services giant lied about its exposure to subprime mortgage assets and caused more than $9 billion in losses for holders of its medium-term Euro notes.