Independent Auditor: Citi Properly Redacted Personal Information in Bankruptcy Cases

The U.S. Trustee Program (USTP) Dec. 2 announced the successful conclusion of a settlement with Citigroup Inc. (Citi) to protect the personal information of nearly 150,000 consumers in bankruptcy cases in 85 jurisdictions (In re Citi Replacement Filings, Bankr. S.D.N.Y., 11-00405, final audit report filed 12/1/14).

Under the settlement, Citi agreed to redact proofs of claim filed in bankruptcy cases nationwide in which the personal information of consumer debtors and third parties, including Social Security numbers and birthdates, had not been properly redacted by Citi as required by the bankruptcy rules. The settlement, which was filed under seal ...