March 15, 2013
A California federal judge on Friday gave final approval to a settlement worth up to $10.7 million between Citibank and a class of 150,000 customers who accused the bank of wrongfully suspending or decreasing the value of their home equity lines of credit based on faulty valuations.
August 31, 2012
Citibank NA on Friday settled a class action alleging the bank wrongfully suspended or decreased the value of home equity lines of credit based on faulty and self-serving valuations.