New York, New York--(Newsfile Corp. - July 1, 2024) - Scott+Scott Attorneys at Law LLP ("Scott+Scott"), an international securities and consumer rights litigation firm, is investigating whether the leadership of Citigroup Inc. ("Citigroup") (NYSE: C) breached their fiduciary duties to Citigroup and its shareholders.

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Scott+Scott is investigating whether members of Citigroup's board of directors or senior management failed to manage Citigroup in an acceptable manner, in breach of their fiduciary duties to Citigroup, and whether Citigroup and its shareholders have suffered damages as a result.

On June 20, 2024, the Financial Times reported that the Federal Deposit Insurance Corporation ("FDIC") rejected Citigroup's "living will," a detailed plan to wind itself down in case of catastrophic failure, downgrading the FDIC's assessment of the plan from a "shortcoming" to a "deficiency."

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If you own shares of Citigroup, you may have legal claims against Citigroup's directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at (844) 818-6982 or jpettigrew@scott-scott.com.

About Scott+Scott Attorneys at Law LLP

Scott+Scott has significant experience prosecuting major securities, antitrust, and consumer rights actions throughout the United States and Europe. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.

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CONTACT:

Joe Pettigrew
Scott+Scott Attorneys at Law LLP
600 W. Broadway, Suite 3300, San Diego, CA 92101
(844) 818-6982
jpettigrew@scott-scott.com