The SEC is taking a look at the circumstances surrounding the departure of Vikram Pandit from...

|By:, SA News Editor

The SEC is taking a look at the circumstances surrounding the departure of Vikram Pandit from Citigroup (C), reports Fox news. Chairman Michael O'Neill told analysts Pandit resigned on his own, but other stories suggest the board demanded his resignation - potentially making O'Neill's statement a material misrepresentation.