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Citigroup to file Facebook claim with Nasdaq

Citigroup plans to file a claim seeking compensation from Nasdaq OMX for losses the bank suffered trading in last May's market debut of Facebook

Citigroup plans to file a claim seeking compensation from Nasdaq OMX for losses the bank suffered trading in last May's market debut of Facebook, according to people close to the discussions.

Citigroup is exploring its potential recovery of losses under a Nasdaq plan that has split Wall Street's biggest securities firms, which collectively lost around $500m trading in newly minted Facebook stock due to problems with Nasdaq's exchange systems.

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