NEW YORK, Nov. 8, 2010 (GLOBE NEWSWIRE) -- The Securities Law Firm of Klayman & Toskes, www.nasd-law.com , announced today that it is continuing to pursue securities arbitration claims against Citigroup Global Markets, Inc. (NYSE:C) with the Financial Industry Regulatory Authority's ("FINRA") Office of Dispute Resolution, on behalf of investors who sustained losses in Smith Barney/Citi Private Bank's ASTA and MAT Funds. Following the launch of the ASTA and MAT Funds, Citigroup solicited many of its ultra-high net worth and high net worth customers to invest in the Funds. Within its sales pitch, Citigroup represented the Funds to be fixed income products that could provide higher yields, and that the Funds were "safe" and "secure" investments, not subject to a significant amount of volatility.
Notice From The Securities Arbitration Law Firm Of Klayman & Toskes To All Smith Barney/Citi Private Bank Customers Who Invested In ASTA And MAT Funds -- C
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