Public

Barclays PLC is in negotiations to settle with investors to resolve claims related to the over-issuance of securities, which resulted in significant financial losses for shareholders.

Barclays PLC

Tentative Settlement

Misleading Statements

Financial Misrepresentation

Failure to Disclose

Directors

Management

Investment Bank

Barclays to Settle Investor Claims Over Securities Over-Issuance

barclays-investor-settlement

Unit (ETF, ETN, Unit)

Long

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services. In addition, the company engages in securities dealing activities. The company was formerly known as Barclays Bank public limited company and changed its name to Barclays PLC in January 1985. Barclays PLC was founded in 1690 and is headquartered in London, the United Kingdom.