TAKE A LOOK AT WHICH REPORT YOUR PORTFOLIO'S BEEN MISSING...

Shareholders Foundation offers real-time reporting of class action exposure on a per transaction basis,
including the documents you will need for claim filing and settlement recovery.
Start Monitoring Your Investments

Citigroup Case 10/16/2006

  • If you purchased shares of this company, you may have certain options. Please contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

Company
Citigroup
Security
NYSE: C

Case Name
Citigroup Case 10/16/2006
Type of Lawsuit
Shareholder Class Action
Court of Filing
U.S. District Court for the Southern District of New York

You must register or login to receive notifications.

Click here to subscribe to Citigroup.
Summary

Securities Law360 reports that a judge has dismissed a class action that alleged Legg Mason Inc. and Citigroup Inc. defrauded investors by omitting details of a secondary public offering following a multibillion-dollar unit swap in 2005. Judge Denny Chin of the U.S. District Court for the Southern District of New York said Monday that the plaintiffs had failed to state a claim and comply with pleading requirements in the consolidated amended complaint, which he dismissed with prejudice. … The case is Garber v. Legg Mason Inc. et al., case number 1:06-cv-09436-PKC, in the U.S. District Court for the Southern District of New York.