Violation Tracker Individual Record
Company:
Citigroup
Current Parent Company:
Citigroup
Penalty:
$98,000,000
Year:
2008
Date:
March 21, 2008
Offense Group:
employment-related offenses
Primary Offense:
wage and hour violation
Secondary Offense:
misclassification
Level of Government:
federal
Action Type:
private litigation
Court:
Northern District of California
Civil or Criminal Case:
civil
Case ID:
?04-cv-04440 and 07-cv--801
Case Name:
Guita Bahramipour, et al. v. Citigroup Global Markets Inc., f/k/a Salomon Smith Barney Inc. and Larry A. LaVoice, et al. v. Citigroup Global Markets Inc., f/k/a Salomon Smith Barney Inc.
Private Lawsuit Resolution Type:
settlement
HQ Country of Parent:
USA
HQ State of Parent:
New York
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
financial services
Specific Industry of Parent:
banking & securities
Link to PACER Case Docket (must be logged in):
Link to Archived Court Document:
Notes:
Case involved overtime pay eligibility for a group of more than 12,000 financial advisers.
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
