Judge Tosses Citi Employee Suit Over Subprime Losses

By Abigail Rubenstein · June 7, 2011, 5:42 PM EDT

A New York federal judge on Tuesday tossed a putative class action against Citigroup Inc. brought by participants in an employee stock awards program who claimed the bank hid its exposure...

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Case Information

Case Title

Brecher, et al. v. Citigroup Inc., et al.

Case Number

1:09-cv-07359

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

August 21, 2009