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UC Enron Investors Get $2 billion From Citigroup

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A group of Enron investors fronted by the University of California has gotten $2 billion out of Citigroup as it agreed to pay this amount to settle a lawsuit. The investors accused Citigroup and several other banks of having a role in a big accounting fraud scandal at Enron. They filed several lawsuits about 3 years ago.

UC Enron Investors Get $2 billion From Citigrouplatest ebusiness news.

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