Citi, Revlon Lenders Reach Deal Over $500M Accidental Payment December 19, 2022 Citigroup Inc. reached an agreement with all 10 Revlon Inc. lenders it mistakenly paid about $500 million on a loan,...
Citigroup in Talks to Recoup Errant $500M Revlon Loan Payment December 2, 2022 By Jonathan Stempel Citigroup Inc. is negotiating the return of about $500 million it mistakenly paid a group of hedge funds and investment...
Citigroup Wins Appeal Over Mistaken Revlon Wire Transfer September 12, 2022 By Jonathan Stempel Citigroup Inc. is entitled to recoup about $500 million of its own money that it accidentally wired Revlon Inc. lenders...
Citigroup Asks Appeals Court to Let It Recoup $504M Lost in Revlon Loan Pre-Pay Error September 30, 2021 By Jonathan Stempel Citigroup Inc. on Wednesday pressed a federal appeals court to let it recoup about $504 million of its own money...
Banks Seeking New Protections in Wake of Citigroup’s $900M Mistake March 3, 2021 By Katherine Doherty and Lisa Lee Wall Street banks are seeking new legal protections to help avoid a repeat of Citigroup Inc.’s accidental $900 million payment...
Judge Denies Citibank Bid to Recoup Some of Mistaken $893M Payments to Revlon Lenders February 17, 2021 By Jonathan Stempel A federal judge on Tuesday said Citigroup Inc. is not entitled to recoup half a billion dollars of its own...
Revlon’s Ex-Science Chief Sues Co. Over Safety Issues, Anti-Jewish Bias January 1, 2015 By Nate Raymond A former Revlon Inc chief scientific officer has sued the cosmetics company, claiming he was fired after raising safety concerns...