Lead Plaintiff Deadline: December 29, 2020
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According to the filed complaint, throughout the class period, defendants willfully or recklessly made and/or caused the Company to make false and misleading statements regarding Citi’s internal controls and risk management capabilities that failed to disclose the serious and longstanding inadequacy of Citi’s internal controls, data governance, compliance risk management, and enterprise risk management. As a result, Defendants’ statements about Citi’s internal controls and risk management were materially false and/or misleading and/or lacked a reasonable basis.
In order to be included in the lawsuit, you must have incurred a loss on shares of Citi, either: A) purchased or acquired during the class period listed above, if applicable; or B) pursuant to the Initial Public Offering (IPO) of Citi, if applicable.
If you suffered a loss in Citi during the relevant time frame, or pursuant to Citi’s IPO if listed above, you have until December 29, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.