(Reuters) -Citigroup's lawyers have urged U.S. District Judge Paul Oetken to dismiss a suit filed in January by Attorney General Letitia James, which accuses its Citibank unit of failing to reimburse customers who fall victim to online scammers, a spokesperson for Citigroup told Reuters on Tuesday. "Citi closely follows all laws and regulations related to wire transfers and works extremely hard to prevent threats from affecting our clients and to assist them in recovering losses when possible," a company spokesperson told Reuters. James, New York state's attorney general, sued Citibank unit in January, alleging that its lax security protocols allowed scammers to gain easy access to users' accounts and steal their deposits through unauthorized wire transfers.
Another S&P 500 earnings season is upon investors. Here is what to expect as banks tee up to report.
We recently compiled a list of the 7 dirt cheap stocks to invest in now. In this article, we are going to take a look at where Citigroup Inc. (NYSE:C) stands against the other the Dirt cheap stocks to invest in now. The stock market is at a turning point after one of the longest bull runs […]