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tdp2664 E money daily The US Federal Court has placed a hold on an ongoing Citigroup Inc. (NYSE:C) fraud case with the SEC. Citigroup Inc. (NYSE:C) Wins Legal Case Pause The US Court of Appeals in Manhattan has placed a hold on the US Securities and Exchange Commission's case against Citigroup Inc. (NYSE:C) over allegations that the bank misled investors in a mortgage-bond deal. The SEC asked the Court to delay the suit until January 17. Earlier, the US District Judge Jed Rakoff had rejected the proposed $285 million settlement and asked Citigroup Inc. (NYSE:C) to respond to the ruling. The bank has to give its reply by January 3. Citigroup Inc. (NYSE:C) shares are currently standing at 26.9. Price History Last Price: 26.9 52 Week Low / High: 21.4 / 51.5 50 Day Moving Average: 28.24 6 Month Price Change %: -33.0% 12 Month Price Change %: -43.6%
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