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International Fund Management S.A. et al v. CitiGroup Inc. et al
Case Number:
1:09-cv-08755
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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May 31, 2013
Citigroup, Investors Reach Accord In Subprime Loan Suit
Citigroup Inc. has settled a consolidated lawsuit brought by institutional investors alleging it misled the markets about its exposure to subprime loans ahead of the financial crisis, a lawyer for the plaintiffs said Friday.
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May 17, 2012
2nd Circ. Lets Citigroup Appeal Time Limits In CDO Suits
The Second Circuit agreed Thursday to hear Citigroup Inc.'s appeal of a decision permitting four securities investor lawsuits over the company's use of collateralized debt obligations to proceed separately from prior class actions, taking up a lower-court split on time limits in the Securities Act.