Citigroup Inc.—Misleading Investors over Hedge Fund Risk Allegations

Citigroup Inc. Allegedly Misled Investors Regarding the risks of Two Hedge Funds that Fell Apart in 2008 Citigroup Inc. and its brokers allegedly misled investors regarding the risks of two hedge funds that collapsed in 2008, according to statements from the SEC. Citigroup’s alternative investment unit and brokers at Citi allegedly misrepresented the two funds,… Read more »