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 February 14, 2023, the Texas Court of Appeals reversed awards totaling $63 million entered against Credit Suisse after a jury trial and bench trial for Claymore Holdings, LLC, the assignee of a lender-investor. The case...more