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id: 648, Created by Stan Vick, Scout
Barclays' VXX Unregistered Securities Case
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S.D. New YorkCourt
Any Investor who made losses from buying VXX can Join Case.
In a September 29, 2022 SEC Consent Order, Barclays admitted that it had issued $17.7 billion worth of unregistered securities (https://www.sec.gov/litigation/admin/2022/33-11110.pdf), Included among them were the Barclays Bank PLC iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX).
Taking all facts into account, Investors in VXX have all reasons to suspect that $BCS & Affiliates violated investors rights which lead to investment damages.
Failure to Disclose,
Breach of Fiduciary duty,
Unit (ETF, ETN, Unit)
Shock Event Date
14 March 2022
27 March 2023
Lead Plaintiff Deadline
28 May 2023