Citi Says 'Misguided' NY Fraud Protection Suit 'Mangles' Law

[Gunnar Larson]

Citi Says 'Misguided' NY Fraud Protection Suit 'Mangles' Law
<https://www.law360.com/banking/articles/1820428?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-04-03&read_main=1&nlsidx=0&nlaidx=2>

By Hailey Konnath

Citibank NA on Tuesday urged a New York federal court to throw out the
Empire State attorney general's suit claiming it lacks necessary online
security measures, slamming the complaint as "misguided" and arguing that
it "mangles" the text of the Electronic Fund Transfer Act.

 Memorandum attached | Read full article »
<https://www.law360.com/banking/articles/1820428?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-04-03&read_more=1&nlsidx=0&nlaidx=2>
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