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Barclays faces fraud lawsuit from NY AG

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 · The Court of Appeal of England and Wales has dismissed charges against John Varley, the former CEO of Barclays Bank. However, three other ex-Barclays executives will be retried in the SFO’s landmark fraud case.

New York’s attorney general has filed a securities fraud lawsuit against Barclays, accusing the British bank of giving an unfair edge in the United States to high-frequency traders, while claiming.

Barclays Faces US ‘Dark Pool’ Fraud Lawsuit Shares in the London-based bank drop more than 5% after the New York attorney general accuses it of "deception and dishonesty". By Sky News US Team

The New York Attorney General on Wednesday filed a securities fraud lawsuit against Barclays PLC for misrepresenting the safety of its U.S.-based alternative trading system, or "dark pool," to.

NEW YORK. Barclays’ motion to dismiss the lawsuit against the bank’s private trading venue – or "dark pool" – was based on procedural and case law grounds. The bank said Attorney General Eric.

New York attorney general sues Trump Foundation New York Attorney General Eric Schneiderman sued British banking giant Barclays PLC for allegedly lying about how it favors high-frequency players in the firm’s dark pool stock-trading business.

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NEW YORK (Reuters) – The U.S. Department of Justice on Thursday sued Barclays Plc and two former executives on charges of fraud in the sale of U.S. mortgage securities. Attorney General Loretta.

New York State’s top law enforcer has claimed that Barclays made a false statement in court documents and that it defied subpoenas seeking the testimony of two executives, a move that builds on a previous lawsuit over the bank’s private stock trading platform.

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In New York City, Attorney General Schneiderman announced that he has filed a lawsuit against Barclays – one of the world’s largest banks – arising from the operation of Barclays’ dark pool and.

NEW YORK/LONDON (Reuters) – New York’s attorney general has filed a securities fraud lawsuit against Barclays, accusing the British bank of giving an unfair edge in the United States to high.

Updated, 8:25 p.m. | The top law enforcer in New York State, Eric T. Schneiderman, filed civil fraud charges on Wednesday against Barclays over its private stock trading platform, contending that it favored high-frequency traders over other investors. Mr. Schneiderman, the state attorney general, accused Barclays of falsely representing the concentration of high-frequency traders in its.

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