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Investigation announced for Long-Term Investors in shares of Citigroup Inc. (NYSE: C)

02-12-2021 08:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Citigroup Inc. (NYSE: C) shares.

An investigation on behalf of current long term investors in Citigroup Inc. (NYSE: C) shares.

An investigation on behalf of investors in shares of Citigroup Inc. (NYSE: C) concerning potential breaches of fiduciary duties by certain directors and officers of Citigroup Inc. was announced.

Investors who are current long term investors in Citigroup Inc. (NYSE: C) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NYSE: C stocks follows a lawsuit filed against Citigroup Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in Citigroup Inc. (NYSE: C stocks, concerns whether certain Citigroup Inc. (NYSE: C officers and directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that the Defendants made false and misleading statements regarding Citi's internal controls, risk management capabilities, and regulatory compliance and that as a result of Defendants' misrepresentations, shares of Citi's common stock traded at artificially inflated prices between February 25, 2017, and October 12, 2020.

Those who purchased shares of Citigroup Inc. (NYSE: C) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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