August 27, 2012
A Citigroup Inc. unit has agreed to pay $25 million to settle an investors' class action alleging that it lied about the quality of mortgage-backed securities it sold, plaintiffs said Monday.
December 13, 2011
The parties in a putative class action accusing a Citigroup Inc. unit of making false statements when it issued mortgage-backed securities have reached a settlement in principle, an attorney for the plaintiff said last week.