Montgomery County Employees’ Retirement System v. Citigroup Inc., et. al
Practice:
Securities Fraud & Shareholder Litigation
Phase:
Current Representing the Montgomery County Employees’ Retirement System, C&T filed on December 28, 2007 a shareholder derivative action alleging breaches of fiduciary duties, waste of corporate assets, gross mismanagement, insider trading and unjust enrichment by current and former Citigroup officers and directors related to Citigroup’s subprime mortgage business which led to the Company reporting billions of dollars in losses in 2007.
DE Court of Chancery.
Attorneys to Contact:
Pamela S. Tikellis (PamelaTikellis@chimicles.com)
Meghan A. Adams (MeghanAdams@chimicles.com)
P.O. Box 1035, 222 Delaware Ave, Suite 1100, Wilmington, DE 19801 Phone: 302-656-2500