A New York federal judge who for almost four years presided over a lawsuit seeking to enforce a $1.1 billion arbitral award against Nigeria's state-owned oil company has recused himself after discovering he owned stock in Chevron Corp., the parent company of one of the awardees.
The New York federal judge who presided over sprawling investor litigation involving Citigroup held stock in the company while overseeing the bond-rigging allegations, a court clerk informed the parties in the case on Thursday.