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Citigroup Can't Duck Trader's Malicious Prosecution Claims

By Hailey Konnath ( March 11, 2021, 11:07 PM EST) -- Citigroup Inc. must face a $112 million malicious prosecution suit brought by a former London-based trader who's been acquitted on foreign exchange-rigging charges, a New York federal court ruled Thursday, finding that the trader has adequately alleged the bank knowingly fed the Justice Department false information about him....

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