Judge Approves $6.9M Settlement In Citigroup 401(k) Class Action Suit

Mealey's (January 14, 2019, 12:57 PM EST) -- NEW YORK — A New York federal judge on Jan. 3 approved a $6.9 million settlement in a class action suit brought by participants in Citigroup’s 401(k) retirement plan who alleged that the defendants breached their fiduciary duties in managing the company’s 401(k) retirement plan (Marya J. Leber v. Citigroup Inc., et al., No. 07-cv-009329, S.D. N.Y.)....