Tag Archives: Nelnet lawsuit

Citigroup & JPMorgan Sued for Student Loan Activity

Posted 19 October 2009 | By admin | Categories: College, Credit and Debt, Investing, Stocks | No Comments

Financial giants Citigroup and JPMorgan are being sued in U.S. District court for allegedly conspiring with education finance company Nelnet to illegally recruit student loan borrowers. The lawsuit charges that all three companies received federal student loan subsidies by making false claims.
The civil action suit was originally filed back in May 2008, but the [...]

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d29vX3RoZW1lbmFtZTwvc3Ryb25nPiAtIEJsb2dnaW5nc3RyZWFtPC9saT48bGk+PHN0cm9uZz53b29fdGh1bWJfaGVpZ2h0PC9zdHJvbmc+IC0gNjQ8L2xpPjxsaT48c3Ryb25nPndvb190aHVtYl93aWR0aDwvc3Ryb25nPiAtIDY0PC9saT48bGk+PHN0cm9uZz53b29fdXBsb2Fkczwvc3Ryb25nPiAtIGE6Mjp7aTowO3M6NzQ6Imh0dHA6Ly93d3cubW9uZXlmaW5hbmNlbmV3cy5jb20vd3AtY29udGVudC93b29fdXBsb2Fkcy80LW1vbmV5X2Zhdmljb24ucG5nIjtpOjE7czo3ODoiaHR0cDovL3d3dy5tb25leWZpbmFuY2VuZXdzLmNvbS93cC1jb250ZW50L3dvb191cGxvYWRzLzMtbW9uZXlmaW5hbmNlX2xvZ28ucG5nIjt9PC9saT48L3VsPg==