October 11, 2013
German bank Bayerische Landesbank has ended its securities action accusing State Street Corp. and Barclays Bank PLC of collaborating to defraud investors in a failed $2 billion collateralized debt obligation, according to a Thursday filing.
November 05, 2012
A New York federal judge on Monday trimmed a securities suit alleging State Street Corp. and Barclays Bank PLC collaborated to defraud investors in a failed $2 billion collateralized debt obligation, saying German bank Bayerische Landesbank can't claim the duo had a fiduciary duty to the bank.
August 15, 2012
Barclays Bank PLC asked a New York federal judge on Tuesday to dismiss a suit alleging it failed to tell securities investors it had hand-selected and then bet against toxic home loans in a $2 billion collateralized debt obligation that later failed, saying plaintiff Bayerische Landesbank lacked standing.
April 27, 2012
Barclays Bank PLC failed to tell securities investors that it had hand-selected and then bet against toxic mortgage loans in a $2 billion collateralized debt obligation, Bayerische Landesbank alleged Wednesday in New York federal court.