Defendant Name: Citigroup Global Markets Inc.

Defendant Type: Subsidiary of Public Company

Document Reference: LR-21457

Document Details

Legal Case Name SEC v. Citigroup Global Markets Inc., f/k/a Salomon Smith Barney Inc.
Document Name Court Approves Modifications to Global Research Analyst Settlement
Document Date 19-Mar-2010
Document Format Civil Proceeding
Case Number 03-cv-02945
Federal District Court New York, Southern District of New York
Federal District Judge William H. Pauley III
Allegation Type Investment Advisers/Investment Companies
Document Summary On March 19, 2010, the SEC published a litigation release announcing that the Honorable William H. Pauley issued an order approving modifications to the final judgments entered against Citigroup Global Markets Inc. and the other firms covered by the Global Research Analyst Settlement.

Disgorgement & Penalty Information

Resolutions
Approving modifications to the final judgments entered against the twelve firms covered by the Global Research Analyst Settlement.

Related Documents:

LR-18111 28-Apr-2003 Litigation Release
SEC Sues Citigroup Global Markets, Formerly Known as Salomon Smith Barney, and Former Research Analyst Jack B. Grubman for Research Analyst Conflicts of Interest Firm to Settle with SEC, NASD, NYSE, NY Attorney General, and State Regulators; Grubman to Settle with SEC, NASD, NYSE, and NY Attorney General
According to the SEC: "The Securities and Exchange Commission announced today that it has settled charges against Citigroup Global Markets Inc., formerly known as Salomon Smith Barney Inc. ("SSB"), a New York-based brokerage firm and investment bank, arising from an investigation of research analyst conflicts of interest. This settlement, and settlements with nine other brokerage firms, are part of the global settlement the firms have reached with the Commission, NASD, Inc., the New York Stock Exchange, Inc. ("NYSE"), the New York Attorney General, and other state regulators."
comp18111 28-Apr-2003 Complaint
Complaint
According to the SEC: "In 1999, 2000, and 2001 (the "relevant period"), as described below, SSB issued research reports on two telecommunications ("telecom") companies that were fraudulent and issued research reports on several telecom companies that violated NASD and NYSE rules regulating their members' communications with the public (the "Advertising Rules")."
judge18111 28-Apr-2003 Court Docket Document
Final Judgment as to Defendant Citigroup Global Markets Inc., F/K/A Salomon Smith Barney Inc.

Related Actions:

SEC v. Jack B. Grubman
Jack B. Grubman