Citigroup Sued by Swisscanto Over Comments About Mortgage Loans
Stock Chart for Citigroup Inc (C)
Citigroup Inc. (C) was accused in a lawsuit by Swisscanto Asset Management AG of making misleading statements about its financial condition from 2006 to 2009.
The suit in Manhattan federal court focuses on statements the New York-based bank made about the risks it faced over mortgage loans.
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