Citi ordered to pay $11.1m to ‘Dallas’ star ‘JR’ Larry Hagman; Panel signals evidence of serious misconduct
Oct 8th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
A US arbitration panel found in favour of actor Larry Hagman, in a securities case against a Citi unit, in a ruling published Thursday. It ordered the bank to pay an award of $11.1m: $1.1m to Hagman, who played the oilman character JR in the popular 'Dallas' 1980s television series, and another $10 million to charities of his choosing. The latter signaled evidence of serious misconduct.