SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Citigroup Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of December 29, 2020 - C

November 19, 2020 10:52 AM EST | Source: Levi & Korsinsky, LLP

New York, New York--(Newsfile Corp. - November 19, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Citigroup Inc. (NYSE: C) ("Citi") between February 25, 2017 and October 12, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Southern District of New York. To get more information go to:

https://www.zlk.com/pslra-1/citigroup-inc-information-request-form?prid=11079&wire=5

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

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According to the filed complaint, throughout the class period, defendants willfully or recklessly made and/or caused the Company to make false and misleading statements regarding Citi's internal controls and risk management capabilities that failed to disclose the serious and longstanding inadequacy of Citi's internal controls, data governance, compliance risk management, and enterprise risk management. As a result, Defendants' statements about Citi's internal controls and risk management were materially false and/or misleading and/or lacked a reasonable basis.

If you suffered a loss in Citi you have until December 29, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/68584

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