Citi Gets Approval For $8.5M Settlement In Subprime Suit

By Aaron Vehling · May 21, 2014, 1:32 PM EDT

A New York federal judge has signed off on $8.5 million settlement between Citigroup Inc. and employee shareholders in a putative class action alleging the company hid its exposure to subprime...

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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