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  • SEC Appeals Ruling Rejecting $285M Settlement With Citigroup Global Markets

01/18/2012 10:23:24 AM EST

SEC Appeals Ruling Rejecting $285M Settlement With Citigroup Global Markets

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LexisNexis® Mealey's™ Emerging Securities Litigation Legal News

NEW YORK - The Securities and Exchange Commission on Dec. 15 appealed a federal judge in New York's ruling rejecting a $285 million settlement with Citigroup Global Markets Inc. to the Second Circuit U.S. Court of Appeals (U.S. Securities and Exchange Commission v. Citigroup Global Markets Inc., No. 11-7387, S.D. N.Y.; See December 2011, Page 4, and related story in this issue). Full story on lexis.com