BCLYF.US
id: 1351
Barclays to Settle Investor Claims Over Securities Over-Issuance
S.D. New York
Court1:22-cv-08172
Case number18 Feb 2021
Class period Start14 Feb 2023
Class period EndBarclays 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.
Case Status
Tentative Settlement
Alleged Offence
Misleading Statements,
Financial Misrepresentation,
Failure to Disclose
Suspected Party
Directors,
Management,
Investment Bank
Security Type
Unit (ETF, ETN, Unit)
Trade Direction
Long
Filing date
23 September 2022
Plaintiffs
Sheryl Cohen Fine; John Risner
Attorneys
Robbins Geller Rudman & Dowd LLP
Defendants
James E. Staley; C.S. Venkatakrishnan; Tushar Morzaria; Anna Cross
Judge
Robert Kirsch
Class wide damages
$781,700,000
Trades matching type
FIFO