Citigroup ordered to pay fine for misleading investors.
Created: 15 April 2009 The Arizona Republic (4/15, Harris) reports, “The Arizona Corporation Commission on Tuesday ordered Citigroup Global Markets Inc. to pay a $455,128 fine after regulators say the company provided misleading information on auction-rate securities sales in Arizona.” This marks the “final step in the state’s auction-rate securities case against Citigroup, settled in August.” Citigroup “neither admitted nor…
