
Citigroup agreed to return the funds invested by the Massachusetts Water Pollution Abatement Trust in Auction Rate Securities. This was in settlement of allegations it Deceived/Defrauded the investors that the securities were permissable investments under Massachusetts law. For more info visit https://web.archive.org/web/20090115031042/http://www.mass.gov/?pageID=cagopressrelease&L=1&L0=Home&sid=Cago&b=pressrelease&f=2008_09_12_citigroup_mwpat&csid=Cago