Puchtler v. Barclays PLC et al

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Case Number:

1:24-cv-01872

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Lewis J. Liman

Firms

Companies

Sectors & Industries:

  1. March 21, 2025

    Barclays Beats Investor Suits Over Unregistered Securities

    A New York federal judge tossed Friday a pair of proposed securities class actions alleging Barclays misled investors about its internal controls and its unregistered securities sales, which eventually triggered so-called short squeezes, finding that the statements aren't actionable and the investors haven't sufficiently pled scienter, among other pleading failures.

  2. June 04, 2024

    2 Firms Tapped To Lead Barclays Investor Suit

    Kaplan Fox & Kilsheimer LLP and Sperling & Slater LLC have been appointed to co-lead an investor suit accusing Barclays PLC of over-issuing $17 billion of securities.

  3. March 14, 2024

    Barclays Hit With Short-Seller's Suit Over $17B Overissuance

    Barclays PLC and a few members of its top brass have been hit with a proposed securities class action in New York federal court over the bank's $17 billion overissuance of securities, which included exchange-traded notes designed to track volatility index futures.