2nd Circ. Nixes $6M Atty Fee Request From Citi Investors
By Stephanie Russell-Kraft ( August 20, 2014, 1:47 PM EDT) -- The Second Circuit on Wednesday affirmed the denial of a $6 million fee request from plaintiffs' attorneys in a shareholder derivative lawsuit accusing Citigroup of issuing excessive compensation in 2011, agreeing with a district court that the plaintiffs failed to show their suit caused two of the bank's executives to resign....
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