Citi Euro Note Plaintiff Says NY Forum Should Prevail
By Pete Brush ( August 19, 2015, 3:22 PM EDT) -- United Kingdom-based Rentokil-Initial Pension Scheme told the Second Circuit Wednesday it is entitled to "substantial deference" in choosing New York to litigate class action claims that Citigroup Inc. misstated its exposure to subprime debts prior to the financial crisis, costing investors in the megabank's Euro Note offerings $9 billion....
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