On November 6, 2023, the U.S. District Court for the Southern District of New York denied in part and granted in part Citibank’s motions to dismiss claims for allegedly aiding and abetting an accountholder’s multi-million...more
12/13/2024
/ Aiding and Abetting ,
Bankruptcy Trustees ,
Citibank ,
Fraud ,
Investment ,
Investors ,
Motion to Dismiss ,
New York ,
Ponzi Scheme ,
Trustees ,
Wire Fraud
On April 26, 2023, the U.S. Bankruptcy Court for the District of Delaware denied in part and granted in part motions to dismiss a chapter 7 trustee’s breach of fiduciary duty and aiding and abetting claims. The defendants...more