Citigroup to pay $590 million to settle investor suit
New York - AFP
Citigroup said Friday it had agreed to pay $590 million to settle a suit by investors who accused the bank of misleading them on its derivative losses in 2007-2008. Citigroup said it was agreeing to settle the lawsuit to avoid any more legal costs, but denied the charges that it had misled investors on its exposure to the market of collateralized debt obligations, which was collapsing at the time.
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Economy and energy dominate agenda in Russian-Slovak relationsRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
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