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LORD ABBETT MUNICIPAL INCOME FUND, INC. v. CITIGROUP GLOBAL MARKETS et al
Case Number:
2:11-cv-05550
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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July 12, 2012
Citi Can't Ax Suit Over Bankrupt Vegas Monorail Bonds
A New Jersey federal judge on Wednesday denied Citigroup Global Markets Inc.'s bid to shake claims brought by a mutual fund that the financial giant withheld information that would have discouraged its investment in a doomed Las Vegas monorail.
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September 27, 2011
Mutual Fund Sues Citi Over Bankrupt Vegas Monorail Bonds
A mutual fund on Tuesday hit Citigroup Global Markets Inc. with a lawsuit in New Jersey federal court over the bank's alleged failure to disclose information that would have discouraged it from purchasing bonds for the doomed Las Vegas monorail.