All posts tagged "Citigroup"

(Steven Miller/NPRI) – Just who are the Las Vegas Monorail’s “John Does 1-10”? Currently unknown, they nevertheless are being sued — along with Citigroup — for alleged fraud in the monorail’s bond sales. So says the September lawsuit filed by the Lord Abbett mutual fund group in New Jersey federal court. According...

(Steven Miller/NPRI) – Critics of the selling of the Las Vegas Monorail project and the State of Nevada’s role in it have long predicted that someday the whole affair would end up in court, the subject of fraud litigation. That day has come. Citigroup — which the State of Nevada hired to...