Brecher, et al. v. Citigroup Inc., et al.
Case Number:
1:09-cv-07359
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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May 21, 2014
Citi Gets Approval For $8.5M Settlement In Subprime Suit
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 mortgages before its stock tanked, according to an order filed Tuesday.
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January 14, 2014
Citi Settles With Employees Over Subprime Stock Shock
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 York federal court on Friday.
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November 14, 2011
Citi Employees Get Another Stab At Stock Losses Suit
Just months after tossing a putative class action against Citigroup Inc., a federal judge on Monday revived the suit brought by participants in an employee stock awards program who claimed the bank had hidden its exposure to subprime mortgages before its stock tanked.
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June 07, 2011
Judge Tosses Citi Employee Suit Over Subprime Losses
A New York federal judge on Tuesday tossed a putative class action against Citigroup Inc. brought by participants in an employee stock awards program who claimed the bank hid its exposure to subprime mortgages before a precipitous drop in its stock.