{"id":28105,"date":"2012-03-22T11:35:32","date_gmt":"2012-03-22T15:35:32","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=28105"},"modified":"2012-03-22T11:35:32","modified_gmt":"2012-03-22T15:35:32","slug":"investor-hedge-fund-claims-cost-citigroup-85m-and-counting-2","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2012\/investor-hedge-fund-claims-cost-citigroup-85m-and-counting-2.html","title":{"rendered":"Investor hedge fund claims cost Citigroup $85M and counting"},"content":{"rendered":"<p>USA Today &#8211; Citigroup&#8217;s tab for reimbursing clients who said the financial giant misled them into investing in risky hedge funds marketed as the safety equivalent of municipal bonds has soared to at least $85 million.\u00a0And counting.<\/p>\n<p>The payments, awarded since 2008 in 59 arbitrations or settlements, represent just part of a continuing legacy of the nation&#8217;s financial collapse. At least 39 additional clients with similar claims reached confidential settlements before their arbitrations, conducted through the Financial Industry Regulatory Authority (FINRA), were decided.<\/p>\n<p><a href=\"http:\/\/www.usatoday.com\/money\/industries\/banking\/story\/2012-02-21\/citigroup-investor-arbitration\/53673654\/1\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USA Today &#8211; Citigroup&#8217;s tab for reimbursing clients who said the financial giant misled them into investing in risky hedge funds marketed as the safety equivalent of municipal bonds has soared to at least $85 million.\u00a0And counting. The payments, awarded [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-28105","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=28105"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28105\/revisions"}],"predecessor-version":[{"id":28106,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28105\/revisions\/28106"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=28105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=28105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=28105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}