Settlement Reached in FINRA Arbitration with “Dallas” Star

Larry Hagman, who played J.R. Ewing on the hit TV show “Dallas,” recently announced that he has abandoned his challenge to the Feb. 9 vacatur of an $11.5 million FINRA arbitration award against Citigroup. The order secured by Munger, Tolles & Olson set aside the arbitral award on the grounds that one of the arbitrators did not disclose a conflict prior to his adjudicating the matter. The parties have since entered a confidential settlement. The Munger Tolles lawyers representing Citigroup include partners Tammy Godley, Paul Watford, Cary Lerman and Marc Dworsky.