Citigroup Inc. said an Italian court rejected a 1.8 billion-euro ($2.2 billion) civil claim filed by Parmalat SpA against the bank over the food company’s collapse in 2003, Bloomberg News reported. The Milan court dismissed a lawsuit filed against the lender and a number of its former employees in June 2015, according to a statement by New York-based Citigroup and a copy of the ruling seen by Bloomberg. The court said that the claim was a duplication of a case that was dismissed in New Jersey in 2008 and that it shouldn’t be allowed to proceed in Italy.
