Judge approves Citigroup’s $730M settlement with bondholders

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Citigroup Gets OK For $730M Bondholder Settlement. By. 2013, 1:48 PM EDT) — A New York federal judge on Tuesday approved a settlement that will have Citigroup Inc. pay $730 million.

On Monday, the U.S. District Judge in Manhattan, Sidney H. Stein received papers for the approval of Citigroup Inc.’s $730 million settlement deal with investors pertaining to the purchase of the.

Mountain View approved plans in December.Judge approves Citigroup’s $730M settlement with bondholders Our third in a series of articles examining transitional justice mechanisms.. the . 9 billion settlement on behalf of California’s energy customers..

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Last year, in a separate development, a federal judge approved a settlement whereby Citigroup would pay bondholders $730m. It was to resolve claims Citigroup concealed its exposure to billions of.

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Judge approves Citigroup’s $730M settlement with bondholders A U.S. district court judge who declined to approve a regulatory settlement entered into by the U.S. Securities and Exchange Commission (SEC) with Citigroup Inc. back in 2011 has now, reluctantly, given the deal his blessing. Judge Jed Rakoff, of the U.S. District Court Southern.