December 06, 2024
A New York federal judge Friday granted the first green light to a $19.5 million settlement for a class of investors who bought Barclays PLC securities and then claimed the banking giant misled them about its internal controls before selling more than $17.6 billion in securities over its maximum registered amount.
February 23, 2024
Barclays PLC and a number of its top executives must face a trimmed version of a proposed class action over a financial reporting error that led to Barclays selling more than $17.6 billion in securities over its maximum registered amount, a New York federal judge ruled Friday.
November 23, 2022
Four firms have submitted competing bids to serve as lead counsel in a proposed shareholder class action in New York federal court over a financial reporting error that led to Barclays selling more than $17.6 billion in securities over its maximum registered amount.
September 23, 2022
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.