CITIGROUP INC. CASH SWEEP INVESTIGATION

Kessler Topaz is currently investigating potential claims on behalf of individuals who have or had investment brokerage accounts with Citigroup, Inc. (also affiliated with Citibank and Citi Global Markets). Specifically, for Citigroup customers who had elected to have their uninvested cash put into a “cash sweep” account, we are investigating whether Citigroup violated the law by putting account holders’ uninvested cash balances into low interest accounts despite the availability of higher interest rate accounts. Such conduct may constitute a breach of the fiduciary and/or contractual duties owed to these account holders.

Contact us today if you have (or had) a brokerage account with Citigroup as we would like the opportunity to discuss with you this investigation and your rights as a potential class member.  You can fill out our online form below, call us at 484-270-1453 or email us at [email protected].