Citi Faces Lawsuit Over Trump-Linked Account Concerns

Citi faces a lawsuit over alleged Trump-linked account issues and an ex-Citi executive's claims of being fired for raising compliance concerns.

A group of investors has filed a lawsuit against Badger Meter, Inc., alleging the company made false statements about its financial results and growth prospects . Meanwhile, a former Citi director has filed a lawsuit against the bank, citing concerns over a Trump-linked account and her subsequent firing. The allegations surrounding Citi's business dealings with Trump raise questions about potential irregularities.

The exact nature of the Trump-linked account and the executive's concerns are unclear, but the lawsuits suggest that Citi may have exposed itself to undue risk by doing business with the former president. The allegations could prompt regulatory scrutiny and reputational damage for the bank.

The lead plaintiff deadline for the Badger Meter class action lawsuit is August 3, 2026, and the outcome of these lawsuits will have significant consequences for Citi and the individuals involved.