Barclays on Monday asked London's High Court to more than halve a shareholders' lawsuit worth up to 560 million pounds ($720 million) accusing the British...
LONDON - Barclays on Monday asked London's High Court to more than halve a shareholders' lawsuit worth up to 560 million pounds accusing the British bank of misleading the market about its private " dark pool " trading platforms.
The London lawsuit has been brought by some shareholders who say they relied on information published by Barclays, while other shareholders say they relied on Barclays' share price or its status as a listed company with duties to make relevant information public. This meant, she argued, that claims by investors who said they relied only on Barclays' share value or listed status could not continue.
Barclays Shareholder Lawsuit Listed Company Jonathan Nash Dark Pool Shareholders
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Barclays Says Buy Inflation Protection to Prepare for Trump WinTo interest-rate strategists at Barclays Plc watching the presidential debate Thursday night, the trade was clear: buy inflation hedges in the US Treasury market.
Read more »
US Convertible Bond Boom to Near Covid-Era Peak, Barclays SaysA recent surge in convertible bond issuance could bring the annual tally in the US to nearly $100 billion — a level that this niche corner of the market has not seen since the depths of the pandemic era.
Read more »
Funding Markets to Stay Stress-Free as Fed Ends Balance-Sheet Unwind, Barclays SaysUS funding markets are set to withstand the end of the Federal Reserve’s balance-sheet unwind later this year without any major signs of angst, according to Barclays Plc.
Read more »
Barclays raises Tesla price target to $225 per shareBarclays raised its price target for Tesla (TSLA) from $180 to $225 per share, with the analyst behind the call citing positive long-term views for the EV...
Read more »
UBS Hires Barclays Veteran Alejandro Palacio for Tech DealmakingUBS Group AG has hired Barclays Plc veteran Alejandro Palacio for technology dealmaking, according to people with knowledge of the matter.
Read more »
Jefferies Is Said to Hire Top Barclays Investment Banker Lars AagaardJefferies Financial Group Inc. has hired Lars Aagaard from Barclays Plc as Asia head of financial sponsors, according to people familiar with the matter, as it further expands its global investment banking team.
Read more »