Securities Fraud Lawyer - Citigroup/ECLN Litigation
Shapiro Haber & Urmy LLP was class counsel representing a class of institutional investors who had purchased notes linked to Enron's credit. The lawsuit, which asserted claims under the federal securities laws against Citigroup and various related investment banking interests, was consolidated into the multi-district litigation that had been created following Enron's bankruptcy. Shapiro Haber & Urmy LLP negotiated to merge its lawsuit into the primary Enron shareholder litigation, thereby enabling a class-wide settlement with Citigroup to proceed.