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Investors Blast Citigroup's Board For Compliance Failures

By John Kennedy ( April 5, 2016, 9:12 PM EDT) -- Citigroup Inc. investors have sued the company's board of directors for spending billions worth of stockholder funds on fines, fees and settlements because its members "sat like stones growing moss" instead of ensuring sufficient internal compliance, according to a lawsuit unsealed Monday in Delaware's chancery court....

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