Fraud & Ethics
Legal
Uncategorized
Citigroup Sues to Block Arbitration of Saudi Investors’ Claim
A Citigroup Inc. unit sued two Saudi investors seeking to block Financial Industry Regulatory Authority arbitration of their $383 million claim that the bank “wiped out” their family’s wealth. Abdullah and Ghazi Abbar, a father and son from Jeddah who put family money into hedge funds, have no customer agreements…
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Click here to read the full story: Business Week