Last year, in a separate development, a federal judge approved a settlement whereby Citigroup would pay bondholders $730m. It was to resolve claims Citigroup concealed its exposure to billions of.
Citigroup to pay $730M, The suit alleged Citigroup misled buyers of its bonds over its exposure to subprime mortgages and other high-risk securities ahead of and during the crisis, from May 2006 to November 2008. The settlement is the latest step by Citi to put the ill-effects of the financial crisis behind it.
Citigroup Gets OK For $730M Bondholder Settlement. By. 2013, 1:48 PM EDT) — A New York federal judge on Tuesday approved a settlement that will have Citigroup Inc. pay $730 million.
Judge approves Citigroup’s $730M settlement with bondholders. Citigroup is required to pay bondholders $730 million to resolve claims that the mega bank concealed its exposure to billions of.
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A federal judge approved a settlement in which Citigroup agreed to pay bondholders $730M for claims the bank concealed exposure to toxic mortgage assets prior to the financial crisis.
On Monday, the U.S. District Judge in Manhattan, Sidney H. Stein received papers for the approval of Citigroup Inc.’s $730 million settlement deal with investors pertaining to the purchase of the.
Judge approves Citigroup’s $730M settlement with bondholders Judge Approves Settlement in InfoGroup Shareholder Lawsuit – A Delaware judge has approved a settlement in a shareholder lawsuit brought against database provider infogroup Inc. over abusive personal spending by founder vinod gupta. The settlement approved.
A federal judge has approved a settlement in which Citigroup Inc agreed to pay bondholders $730 million to resolve claims that the bank concealed its exposure to billions of dollars of toxic mortgage.
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