What's the status of the lawsuit against Citigroup's wealth management head, Andy Sieg?

There is no ongoing lawsuit against Citigroup's wealth management head, Andy Sieg. However, Citigroup has investigated complaints against Sieg and concluded that there was insufficient evidence to support the allegations. 1. **Investigation by Paul Weiss**: Citigroup retained the law firm Paul Weiss to investigate the allegations against Sieg. The investigation included interviews with over a dozen individuals, including six managing directors. 2. **Outcome of the Investigation**: The investigation did not reveal any misconduct on the part of Sieg that would lead to disciplinary action. Citigroup defended Sieg as a "highly respected leader" who has transformed the wealth business under his leadership. 3. **Lack of Evidence**: Despite the complaints, including allegations of intimidation, unfair treatment, and humiliating tirades, the investigation found no evidence to support these claims. In conclusion, Andy Sieg is not facing a lawsuit, and the investigation into his conduct has been closed with no findings of misconduct.