Citigroup Inc.

The Citigroup ERISA Complaint was filed in the United States District Court Southern District of New York on behalf of Plaintiffs and a class (the “Class”) of all persons who were participants in or beneficiaries of the Citigroup 401(k) Plan (the “Plan”), between January 1, 2007 and the present (the “Class Period”) and whose accounts included investments in Citigroup common stock.

In the complaint Plaintiffs allege that during the Class Period the Defendants breached their fiduciary duties to Plaintiffs and the Class by:

  • failing to prudently and loyally manage the Plan’s assets;
  • failing to monitor fiduciaries;
  • failing to provide complete and accurate information to the Class; and
  • co-fiduciary liability.

Not all claims are against every Defendant. Please contact us for more information.