We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

FERC Fights Barclays Trader's Bid To Exit $453M Penalty Case

Law360, New York (August 11, 2017, 7:45 PM EDT) -- The Federal Energy Regulatory Commission told a California federal court Thursday that a dismissal bid by one of the four Barclays PLC traders accused of market manipulation should be denied, arguing that the five-year statute of limitations tolled long enough for the case to include him.

FERC told the court that Barclays trader Ryan Smith's request to be dismissed from a case accusing him, Barclays and three other traders of manipulating electricity prices should be denied because Smith misinterprets when a tolling agreement ended and what...
To view the full article, register now.




Case Information

Case Title

Federal Energy Regulatory Commission v. Barclays Bank PLC et al

Case Number



California Eastern

Nature of Suit

Other Statutes: Administrative Procedures Act/Review or Appeal of Agency Decision


Troy L. Nunley

Date Filed

October 9, 2013

Law Firms


Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.