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  • Citigroup Inc. (NYSE:C) Wins Court Order

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    Tuesday Dec 21, 2010 at 07:54 am EST
     
    Citigroup Inc. (NYSE:C) Wins Court Order. 
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    As reported by Businessweek, A lawyer for six former Citigroup Inc. brokers who sued to avoid paying back balances on their signing-bonus loans should pay the bank for its legal fees, the federal judge who dismissed the case said.

    U.S. District Judge Lewis A. Kaplan in New York granted Citigroup’s legal-fee request in a ruling yesterday. Kaplan dismissed the brokers’ claims in April. The amount of the fees hasn’t been determined.
    Shares of Citigroup Inc. (NYSE:C) closed at $4.71 on Monday below resistance level of $4.73. As Citigroup Inc. (NYSE:C) has not touched these levels since long, there are not any major resistance points above. Major support levels below for Citigroup Inc. are at $4.39, $424, $4.14, $3.92 and $3.83.

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