Barclays faces fraud lawsuit from NY AG

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Barclays. yesterday with the New York State Supreme Court a month after New York Attorney General Eric T. Schneiderman filed the New York’s lawsuit. The 42-page Barclays document asserts that New.

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The state, in its complaint, said it was being assisted by former Barclays executives and it was seeking unspecified damages. The bank’s shares dropped 5% on news of the lawsuit, prompting an announcement to the London Stock Exchange by the bank saying it was taking the allegations seriously, and was co-operating with the New York attorney general.

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 Eric T. Schneiderman on Wednesday hit Barclays PLC with a securities fraud lawsuit alleging the firm dramatically increased the market share of its dark pool by.

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Shares in beleaguered Barclays. from New York attorney general Eric Schneiderman that the bank defrauded customers using its dark pool trading platform. Schneiderman filed a lawsuit last night.

The New York state attorney general has turned up the heat on Barclays over its alleged ‘dark pools’ trading fraud, writes James Salmon. Eric Schneiderman says he has new evidence that several top.

A.G. Schneiderman Announces Fraud Charges Against Barclays In Connection With Marketing And Operation Of Its Dark Pool. NEW YORK – Attorney General Eric Schneiderman today announced a lawsuit against the international bank Barclays, arising from the operation of Barclays’ dark pool and other aspects of its electronic trading division.

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

 · Barclays hit with new criminal charge in U.K.. Barclays with fraud and illegal payments along with three other former executives. It is the first time a.

REUTERS/Max Rossi NEW YORK (Reuters) – 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.