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: Securities Law Prof Blog

Fifth Third Sues over Losses in Citigroup Hedge Fund

By Securites Lawprof

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Fifth Third Bank sued Transamerica Life Insurance and Clark Consulting to recover $323 million in damages resulting from their investment of Fifth Third's BOLI-related assets (bank-owned life insurance program) in a Citigroup fixed-income hedge fund, Falcon Fund, that has lost...

Full post as published by Securities Law Prof Blog on May 20, 2008 (boomark / email).

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