Citigroup Asks Court to Throw Out Suit by William Salomon
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Citigroup Inc. asked a court to throw out William Salomon’s lawsuit accusing the bank of supplying the former Wall Street banker and son of the founder of Salomon Brothers with a personal secretary who was later convicted of stealing from him.
Salomon sued Citigroup in May after Karen Febles was convicted in federal court in Newark, New Jersey, of stealing $1.3 million from him to pay for cars, real estate, cruises and jewelry. Febles stole $3 million through her “systematic theft,” according to the lawsuit filed May 9 in state court in Manhattan.