As Citi continues to challenge a district court ruling against it in a lawsuit about $900 million sent by mistake, the bank has secured the support of academia. A letter of the so-called “friends of the court” (amici curiae) offers Citi some backing in its fight against those recipients of the money that refuse to return the funds they allegedly got due to an error. The letter, seen by FX News Group, is signed by 12 university professors. They research and teach in the areas of contract theory, corporate law, corporate finance, securities law, mergers and acquisitions, global markets, and the economic analysis of ... (full story)