Stark & Stark Shareholder Comments on EMI Fraud Case

Posted on November 5, 2010 by Stark & Stark
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Scott I. Unger, Shareholder in Stark & Stark’s Litigation Group, was quoted in the November 5, 2010 New York Post article, Hands down loser: Jurors rule in favor of Citi in sloppy EMI case. The article discusses the three-week-long trial in lower Manhattan federal court in which Guy Hand charged Citigroup with fraud in regards to his 2007 purchase of record label EMI. A jury voted unanimously that Citigroup was not liable in the $6.7 billion buyout after Hands accused Citigroup banker David Wormsley of duping him into overpaying for EMI.

You can read the full article online here.

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