Norges Bank Sues Citigroup
Posted on 09/25/2010
The lawsuit was filed September 17, 2010 in the U.S. District Court in Manhattan. Norges Bank, which manages Norway’s Government Pension Fund Global (GPFG) has sued Citigroup. The suit is over allegedly providing false financial statements which led to Norges Bank investments in Citigroup in both bond and equity positions during 2007 and 2009. Norges […]