On November 6, 2023, the U.S. District Court for the Southern District of New York denied in part and granted in part Citibank’s motions to dismiss claims for allegedly aiding and abetting an accountholder’s multi-million...more
12/13/2024
/ Aiding and Abetting ,
Bankruptcy Trustees ,
Citibank ,
Fraud ,
Investment ,
Investors ,
Motion to Dismiss ,
New York ,
Ponzi Scheme ,
Trustees ,
Wire Fraud
On September 5, 2023, a New York state court invalidated a loan agreement’s choice of law provision, ruling that the loan agreement was void and depriving the lender of both principal and interest payments. The lender, Samson...more