What’s North Carolina’s piece of the $100M Citigroup settlement?


Citigroup Inc. has agreed to a $100 million settlement with 43 states – including North Carolina.

The specifics on how much of that sum North Carolina will get “is still being worked out,” says Laura Brewer, spokeswoman for Josh Stein, the state’s attorney general, in an email.

The settlement resolves claims over allegations that the bank manipulated interest rates, an action North Carolina Attorney General Josh Stein equates to “sophisticated cheating” in a press release. “Citibank…

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