In re Citigroup, Inc. Securities Litigation

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Full Text of Court Cases
November 9, 2010
6211 Security Brokers, Dealers, and Flotation Companies
securities litigation

In re Citigroup, Inc. Securities Litigation
2010 WL 4484650 (S.D.N.Y.)
US
Federal Court
New York
United States District Court
[unnamed]
Stein

Summary

Court denies motion to dismiss subprime asset litigation, based on plaintiff’s allegations that Citigroup overvalued its collateral debt obligations and understated its risk.
In re Citigroup, Inc. Securities Litigation
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See Also

Subprime Litigation: Did the Bank Use Level 3 Inputs Instead of Observable Indexes?

Court denies motion to dismiss subprime asset litigation, based on plaintiff’s allegations that Citigroup overvalued its collateral debt obligations and understated its risk.