Citigroup, Investors Reach Accord In Subprime Loan Suit

By Richard Vanderford · May 31, 2013, 6:26 PM EDT

Citigroup Inc. has settled a consolidated lawsuit brought by institutional investors alleging it misled the markets about its exposure to subprime loans ahead of the financial crisis, a lawyer for the...

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Case Information

Case Title

International Fund Management S.A. et al v. CitiGroup Inc. et al

Case Number

1:09-cv-08755

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

October 14, 2009