Charges by the Securities and Exchange Commission that two former Citigroup executives “aided and abetted” their company in a scheme to cheat mutual fund investors of almost $100 million have been dismissed by a federal judge.

Southern District of New York Judge Richard Conway Casey granted Thomas W. Jones and Lewis E. Daidone’s motion for summary judgment, finding that the SEC’s actions seeking civil penalties and an injunction against the executives were time-barred.

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