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Fiduciary Duty Citibank

Faegre Drinker Biddle & Reath LLP

Dismissal for Sharing Confidential Information Was Unfair

In Stimpson v Citibank N.A. ET/3200437/15, Mr Stimpson brought claims for unfair and wrongful dismissal after being dismissed without notice by Citibank N.A. (Citi) for an alleged breach of Citi’s policies on confidential...more

Orrick - Finance 20/20

Investors File Putative Class Action Against Citibank for Allegedly Failing to Comply with RMBS Trustee Duties

Orrick - Finance 20/20 on

On November 24, 2015, a group of investors, led by Pacific Investment Management Co. (“PIMCO”), filed suit in the Supreme Court of the State of New York against Citibank, N.A., as trustee of 25 private-label RMBS Trusts. This...more

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