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Citigroup Sued Over 'Exorbitant' Executive Pay Hikes

By Lisa Coryell (May 1, 2012, 6:12 PM EDT) -- Citigroup Inc.'s board of directors was hit with a derivative shareholder suit Monday alleging it irrationally squandered company assets by bestowing "exorbitant and unwarranted" pay increases on top executive officers last year....

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