Texas PGI v Citigroup - $1,057,067 ARS Award

In May 2013, a FINRA arbitration panel in Dallas, TX ordered Citigroup to pay the Claimant over $1 million as compensation for losses on student loan auction rate securities. The award was made after a hearing wherein the Claimants alleged that Respondents breached fiduciary duties and misrepresented the ARS. Dr. McCann and testified on behalf of the Claimants.

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Craig J. McCann