2nd Circ. Nixes Ex-Citibank Worker's Investment Profits Suit

Law360, New York (March 6, 2014, 5:23 PM EST) -- The Second Circuit on Thursday rejected a former Citibank NA employee’s attempt to revive his suit seeking to recover compensation he claimed he was contractually owed for designing a private equity investment program targeting Brazilian companies that proved lucrative for Citibank and affiliated investors.

A three-judge panel of the Second Circuit affirmed a New York federal court’s January 2013 dismissal of Robert E. Wilson III’s suit alleging Citibank and its related entities engaged in tortious conduct and breached contractual obligations owed to him after he left...
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