Juror dismissed in Terra Firma battle

City A.M. Reporter
A JUROR in the civil fraud legal battle between Citigroup and private equity group Terra Firma was dismissed yesterday after the bank complained about her involvement in an anti-capitalist film.

Citibank cited Donna Gianell’s name in credits for filmmaker Michael Moore’s “Capitalism: A Love Story”. Trial lawyer Ted Wells displayed on a screen in a Manhattan federal court the “special thanks” the juror received for her contribution.

Terra Firma sued the bank, which was bailed out with taxpayer money in the financial crisis, accusing it of fraud in the May 2007 bidding process for music company EMI. The private equity firm bought EMI for £4bn. Citigroup provided £2.6bn in loans for the acquisition.