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CITIGROUP MONITOR RELEASES FINAL REPORT

WASHINGTON, D.C., November 19, 2020 – Jenner & Block Chair Thomas J. Perrelli has released his thirteenth and final report as the independent monitor charged with determining Citigroup Inc.’s compliance with consumer relief obligations, valued at $2.5 billion, under its settlement with the U.S. Department of Justice and five states. As described in the report, the settlement resolved possible federal and state legal claims for violations of law regarding the packaging, marketing, sale, structuring, arrangement, and issuance of residential mortgage-backed securities and collateralized debt obligations between 2006 and 2007. Continue to News Release >>