NEW YORK - Shareholders and Citigroup Inc. and other defendants in a securities class action lawsuit alleging that the defendants misrepresented the investment quality of stock offerings in violation of federal securities law have agreed to settle their claims for $730 million, according to court documents filed in a New York federal court on March 18 (In re Citigroup Inc. Bond Litigation, No. 08-9522, S.D. N.Y.)....(read more)Image may be NSFW.
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