Citigroup Defends Firing of Former Executive, Citing Performance Issues
Citigroup has responded to a lawsuit filed by Kathleen Martin, a former managing director, by asserting that her termination was due to performance issues rather than her claims of being pressured to mislead regulators.
Fraud charges filed against Morgan Stanley And Former Executive Pawan Passi
Morgan Stanley & Co. and former executive Pawan Passi are accused of fraud by the Securities and Exchanges Commission for disclosing confidential information about large stock purchases or block trades.