April 26, 2023
A New York federal judge granted a bid from Citigroup Inc.'s leadership to transfer a derivative suit against them from the state's eastern district to the southern district to be consolidated with another similar action, which the judge said "concerns substantially the same regulatory actions."
August 03, 2022
Citigroup Inc. leadership has been hit with a derivative lawsuit in a New York federal court with shareholders alleging it largely ignored deficiencies with the company's internal controls and risk management that had been flagged by various regulators over the years, resulting in billions of dollars in fines.