March 20, 2012
A federal judge on Tuesday refused to dismiss most of a lawsuit that alleges Barclays Bank PLC packed a collateralized debt obligation with junk and shorted it, saying the plaintiffs have made a plausible fraud claim about the $400 million sale.
April 27, 2011
A Florida credit union unleashed a lawsuit Tuesday in New York alleging Barclays Bank PLC and State Street Corp. peddled a collateralized debt obligation that was designed to fail, costing investors roughly $400 million.