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Citi Inks $590 Million Settlement over CDO Disclosures

The Litigation Daily

August 31, 2012

Just when we were getting used to a trickle of relatively anemic securities class action settlements tied to the mortgage meltdown, U.S. District Judge Sidney Stein in Manhattan preliminary approved a $590 million class settlement for investors that bought Citi shares between February 2007 and April 2008.

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