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December 03, 2004|From Bloomberg News

A federal judge in New York ruled Thursday that a lawsuit accusing Citigroup Inc. of imposing a hidden 3% fee on overseas purchases by credit-card customers should be tried as a class action, but cardholders who previously agreed to arbitrate claims would be excluded.

That would exclude from the class action all but 1.5% of Citigroup's cardholders, said U.S. District Judge William Pauley, citing Citigroup figures.

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