This action arises out of defendant Citibank's allegedly wrongful liquidation of securities belonging to plaintiff Stephen Weinroth and the crediting of the proceeds to defendant Stephen Swid. Weinroth had posted the securities to secure a letter of credit issued by Citibank to a company partly owned by himself and Swid.
In 1994, Weinroth, Swid and nonparty Richard Sheinberg were the principal shareholders of Vetta Sports, Inc. Weinroth's and Sheinberg's initial equity...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
