The original initiated price of this coverage was $32.78. Over the time span of this coverage, the underlying security paid 1 dividend, comprising 0.0% dividend payments.
Read the below Forbes.com article this morning. Wanted to share with the crowd....
"Just when you thought Vikram Pandit’s week couldn’t get any worse a shareholder is suing him and the directors at Citigroup over their compensation.
In the lawsuit filed in Manhattan this past week the plaintiff says Pandit and Citi directors breached their fiduciary duties by awarding more than $54 million of compensation in 2011 to the executives. That pay included $15 million to Pandit in a year when the bank’s share price fell 44%
Today’s suit is filed under the “say on pay” provision of the Dodd Frank reform act which gives shareholders the right to vote on executive pay. The plaintiff, Stanley Moskal from Pittsburgh, PA. has been a Citi shareholder since 2009 and is seeking damages.....
http://www.forbes.com/sites/halahtouryalai/2012/04/20/citis-pandit-sued-for...