Categories: Class Action Lawsuit

www.CitiGroupSecuritiesSettlement.com – Citigroup Securities Class Action Settlement

The Citigroup Securities Class Action Lawsuit claims that Citigroup Inc. violated the Federal Securities Exchange Act of 1934.  Class members include anyone who between the dates of February 26, 2007 and April 18, 2008 purchased Citigroup Inc. common stock.  All eligible class members should receive a notice by mail.  The lawsuit specifically states that sections 10(b) and 20(a) of the Securities Exchange Act of 1934 were violated.  Lead Plaintiffs in the lawsuit include Jonathan Butler, M. David Diamond, David K. Whitcomb and Henrietta C. Whitcomb.  Defendants include Citigroup Inc., Charles Prince, Gary Crittenden, Robert Druskin, Thomas Maheras, Michael Klein, David Bushnell and Robert Rubin.  CitiGroupSecuritiesSettlement.com should eventually include the Lawsuit Notice, Claim Form and Summary Notice.  A settlement fairness hearing will be held at the Daniel Patrick Moynihan United States Courthouse on January  15,  2013  at  10:00  a.m..  The courthouse is located at 500  Pearl  Street,  Courtroom  23A,  New York,  NY  10007-1312.  A $590 million cash settlement has been agreed upon and will be pending approval at the fairness hearing.  Please note that class members are not obligated to attend the fairness hearing.

The only way to receive a settlement payment is to file a claim form.  The claim form has not been released as of yet.  Please check back for further updates and information as the Citigroup Securities Class Action Settlement moves forward.  Exclusion and Objection deadlines have not been set but are expected to have dates in the year 2013.  Questions or concerns can be mailed to: In re Citigroup Inc. Securities Litigation c/o GCG, Inc., P.O. Box 9899, Dublin, Ohio 43017-5799 or by phone at (877) 600-6533 or by email Questions@citigroupsecuritiessettlement.com.  Please do not contact Citigroup Inc..

www.CitiGroupSecuritiesSettlement.com

classaction

Share
Published by
classaction

Recent Posts

www.capitalonetcpaclasssettlement.com – Capital One TCPA Class Settlement

The Capital One TCPA lawsuit revolves around the use of a automatic telephone dialing system…

10 years ago

www.lanebryant.com/careers – Work for Lane Bryant

Lane Bryant is a popular plus size women apparel company and offers jobs at their…

11 years ago

www.protectmyid.com/target – Target Data Breach Issue

Target has provided a free Protect My ID membership in light of the recent data…

11 years ago

www.moneytransfersettlement.com – Money Transfer Class Action Settlement

Many people use Western Union for money transfers and it appears that a significant number…

11 years ago

www.sprintsurchargesettlement.com – Sprint Communications Surcharges Settlement

A class action lawsuit has been filed in the United States District Court for the Middle…

11 years ago

Da Vinci Robot Surgery Class Action Lawsuit

The Da Vinci Surgical System is the focus of the Da Vinci Robot Surgery Class…

11 years ago