Citigroup has moved to dismiss a lawsuit brought by former managing director Kathleen Martin, who accused the bank of terminating her in retaliation for refusing to deceive regulators about its risk management practices. The bank contends Martin was fired due to lacking leadership and engagement skills in her interim role as data transformation chair, refuting her allegations as unsubstantiated. Citigroup argues that her actions did not qualify for protection under Sarbanes-Oxley whistleblower provisions, asserting she failed to specify violations under the law.
Citigroup Seeks Dismissal of Lawsuit Alleging Retaliation Against Former Managing Director
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