NEW YORK (Reuters) - Citigroup Inc is negotiating the return of about $500 million it mistakenly paid a group of hedge funds and investment firms on a loan owed by Revlon Inc, lawyers for the bank and the group said in a Thursday court filing.
The lawyers said both sides had not reached an agreement to end Citigroup's lawsuit to recoup the money, but said previously disclosed talks on a consensual resolution have been continuing.
They asked for court permission to provide a status update on Dec. 5.
(Reporting by Jonathan Stempel in New York; Editing by Chris Reese)
| 1st Jan change | Capi. | |
|---|---|---|
| +11.17% | 384B | |
| +7.42% | 120B | |
| +12.06% | 73.05B | |
| -16.23% | 63.71B | |
| -1.04% | 52.82B | |
| -11.40% | 36.63B | |
| +6.76% | 17.05B | |
| +6.24% | 14.89B | |
| -9.11% | 10.83B |
REVLON, INC. 
