Barclays Hit With Investor Suit Over $17.6B Securities Error

By Lauren Berg (September 23, 2022, 11:26 PM EDT) -- Barclays PLC assured shareholders of the effectiveness of its internal financial reporting, but that clearly wasn't true as evidenced by the $17.6 billion of securities the British bank erroneously issued — a mistake that significantly damaged investors' pocketbooks, according to a lawsuit filed Friday in New York federal court....

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