HTC sues Citi in Taiwan after share price fall

December 13, 2011 | NEWS

TAIPEI (Reuters) – HTC Corp, the world’s No.4 smartphone maker, has filed a criminal complaint against Citigroup Inc’s Taiwan unit, alleging the bank published false information that led to a fall in HTC’s share price, a Taiwan prosecutor said on Tuesday. HTC, whose rapid rise in the cut-throat handset industry had made it an investor darling until early this year, has lost much of its luster in …
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