Legal Opinion
In re Citigroup Inc. Securities Litigation
District Court, S.D. New York
Decided August 9, 2016No. 07-Cv-9901 (SHS)PublishedCited by 11 opinions
1Opinion of the Court
*846OPINION
SIDNEY H. STEIN, United States District Judge.
This securities fraud class action arose out of last decade’s great recession. The action was litigated vigorously over the course of several years by experienced and skilled counsel. The parties ultimately entered into a settlement agreement that provided principally for the class members to receive $590 million. Essentially all of that has already been distributed and the Court recently granted lead plaintiffs’ motion for final distribution of the settlement fund, including $374,820 to three not-for-profit cy pres designees.
Class member…
2Cases cited16 opinions
- Smith v. Bayer Corp.Supreme Court of the United States · 2011
- Ginger McCall v. Facebook, Inc.Court of Appeals for the Ninth Circuit · 2012
- In Re Baby Products Antitrust LitigationCourt of Appeals for the Third Circuit · 2013
- Nachshin v. Aol, LLCCourt of Appeals for the Ninth Circuit · 2011
- Ira Holtzman v. Gregory TurzaCourt of Appeals for the Seventh Circuit · 2013
11 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Alaska Electrical Pension Fund v. Bank Of America CorporationDistrict Court, S.D. New York · 2020
- Caccavale v. Hewlett-Packard CompanyDistrict Court, E.D. New York · 2025
- Capsolas v. Pasta Resources Inc.District Court, S.D. New York · 2020
- Chen v. Xpresspa at Term. 4 JFK, LLCDistrict Court, E.D. New York · 2021
- Good v. American Water Works Company, Inc.District Court, S.D. West Virginia · 2021
6 more not listed; retrieve them via the Exa API.