Friday, June 18, 2021

As GreenSky and Citigroup Case Settles TimesSquare Capital Can Move For Costs

 

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, June 13 – Rustam Mustafin sued GreenSky, Citigroup and others for violations of securities laws.    

  On June 11, U.S. District Court for the Southern District of New York Judge Alvin K. Hellerstein held a proceeding. Inner City Press covered it.   The case, it seems, is settling.

Judge Hellerstein ruled that if non-party subpoena recipient TimesSquare Capital Management wished to recover any fees or costs, it should file a motion for reimbursement.

 He set a status conference for October 19. He added that while he had yet to hold a trial since COVID shutdowns in March 2020, other SDNY judge have.

He said SDNY has done the best of all Federal District courts in the country.

This case is Mustafin v. GreenSky, Inc. et al, 18-cv-11071 (Hellerstein)

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