Legal Woes: Citigroup Inc.

Citigroup Inc.: The move is the latest attempt by the third-largest U.S. bank to put its legal woes behind it, according to Wall Street Journal and Citigroup Inc. agreed to pay $1.12 billion to 18 investors seeking to recover losses from mortgage-based securities sold before the financial crisis, according to a news release from the bank. The investor group, represented by Houston law firm... (news.financializer.com). As reported in the news.