Citigroup Allegedly Failed to Properly Supervise and Send Prospectuses for 255,000 Sales of ETFs

New Orleans investment fraud attorney

From 2009 until April 2011, Citigroup allegedly failed to deliver prospectuses in connection with sales of certain ETFs to customers, and that just between September 2010 and November 2010 alone, Citigroup failed to deliver prospectuses for approximately 255,000 customer purchases regarding approximately 160 ETFs, according to a recent FINRA Letter of Acceptance, Waiver and Consent… Read more »