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Monday, November 28, 2011

SEC-Citi Pact Rejected by Judge Rakoff

SEC-Citi Pact Rejected by Judge Rakoff NEW YORK—A federal judge who has previously criticized the Securities and Exchange Commission's approach to settling securities cases on Monday rejected a $285 million settlement with Citigroup Inc. over a mortgage-bond deal. ... SEC-Citi Pact Rejected by Judge Rakoff

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