Space Coast Credit Union v. Barclays Capital Inc. et al

  1. March 20, 2012

    Suit Against Barclays Over $400M CDO Goes Forward

    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.

  2. April 27, 2011

    Credit Union Flays Barclays, State Street On $400M CDO

    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.

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