Citi Settles With Employees Over Subprime Stock Shock

By Daniel Siegal · January 14, 2014, 7:59 PM EST

Citigroup Inc. has settled with employee stockholders in a putative class action alleging it hid its exposure to subprime mortgages before its stock tanked, according to an order filed in New...

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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