13.12.2011 07:05 Uhr, Quelle: MacNN

HTC sues Citigroup for painting too-bleak picture

HTC on Tuesday was confirmed to have sued Citi Global Markets for allegedly misrepresenting the company's already dim outlook. Deputy chief prosecutor Huang Mou-hsin told Reuters that the smartphone designer had quietly sued in August for allegedly breaking a stock transaction law after HTC's share price collapsed. Its price has been cut to a third of its April value, down to the equivalent of just over $13.

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