Search Results for: Citigroup

A federal judge on Monday recommended that e-mails and other data collected by a large due-diligence firm for Wall Street banks should be turned over to the Department of Justice (DOJ) , a move that may determine which...

The Federal Housing Finance Agency (FHFA) , acting in its capacity as conservator for Freddie Mac and Fannie Mae , on Friday announced a $5.1 billion settlement with JPMorgan Chase & Co. . The FHFA alleged...

A judge for the US District Court for the Southern District of New York on Thursday approved a settlement wherein Citigroup will pay its investors over $590 million for misrepresenting its assets in...

A judge for the US District Court for the Southern District of New York on Monday refused to approve Citigroup Inc.'s proposed $590 million settlement of a shareholder lawsuit, questioning the reasonableness of some details...

Citigroup, Inc. agreed on Monday to pay out $730 million to settle a lawsuit brought by investors claiming the financial services corporation misled debt investors about its condition during the financial crisis. According to a statement ...

JURIST Guest Columnist Michael Macchiarola of the City University of New York School of Law says that several recent cases involving the Securities and Exchange Commission may present an opportunity to reevaluate the judiciary's deferential approach toward settlements made between...

A judge for the US District Court for the District of Columbia has approved a $25 billion settlement agreement to address mortgage loan servicing and foreclosure abuses. The settlement was between US Attorney General Eric...

The US Department of Justice (DOJ), the Department of Housing and Urban Development (HUD) and 49 state attorneys general on Monday filed in federal court a proposed $25 billion settlement agreement with the nation's five...

JURIST Guest Columnist Joseph Marren, President and Chief Executive Officer of KStone Partners LLC, says that the recent health care reform act may be unconstitutional due to inaccurate financial reporting to the states and the public at large...This spring the...

US Attorney General Eric Holder, along with Department of Housing and Urban Development Secretary Shaun Donovan and 49 state attorneys general announced Thursday that a $25 billion agreement was reached with the nation's...