Barclays must face U.S. fraud lawsuit tied to 'dark pool' probe

April 24, 2015 10:20 PM

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NEW YORK, April 24 (Reuters) - Barclays Plc failed to persuade a U.S. judge to dismiss a lawsuit accusing the British bank of defrauding shareholders about a private "dark pool" trading platform even as it was publicly pledging to clean up its corporate culture.

U.S. District Judge Shira Scheindlin in Manhattan on Friday allowed most of the lawsuit brought on behalf of investors in Barclays' American depositary shares to go forward.

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