Judge Stays Citigroup 401(k) Suit In Order To Obtain Class Member Data

Mealey's (August 7, 2018, 10:20 AM EDT) -- NEW YORK — A federal judge in New York on Aug. 2 stayed a class action suit brought by participants in Citigroup’s 401(k) retirement plan against its administrators after learning that the defendants need more time to obtain transaction data regarding some class members to finalize the terms of a proposed $6.9 million settlement (Marya J. Leber v. Citigroup Inc., et al., No. 07-cv-009329, S.D. N.Y.)....

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