November 06, 2012
Citigroup Inc. told a New York federal judge Monday that a proposed class action claiming the bank's falsified exposure to subprime mortgage assets led to $9 billion in losses for holders of its medium-term Euro notes is time-barred and can't be pursued in a U.S. court.
September 04, 2012
Citigroup Inc. and four current and former top executives were hit with a proposed class action brought by a pension fund Thursday alleging the financial services giant lied about its exposure to subprime mortgage assets and caused more than $9 billion in losses for holders of its medium-term Euro notes.