28.12.2010 Opalesque Exclusive: Two GAM funds sue Citigroup for market fraud
Two GAM funds have launched a lawsuit against the U.S. investment bank Citigroup, according to various reports in the Swiss press. The complaint, filed on 13th December in New York, includes 13 counts of fraud, negligence, and violation of the duty to inform shareholders.

Swiss & Global Asset Management’s two funds (which are part of GAM Holding), one based in Switzerland and the other in Lux

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