Barclays faces fraud lawsuit from NY AG

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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.

NEW YORK, April 25 (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.

 · US sues Barclays for fraud over crisis-era mortgage-backed loans. the US attorney-general. “We are sending a clear message that the Department.

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NEW YORK/LONDON. flaws” because Barclays’ customers were never misled. The bank’s motion to dismiss the lawsuit against its private trading venue – or “dark pool” – said the attorney general failed.

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New York Attorney General Eric Schneiderman, who launched the lawsuit, said Barclays demonstrated a disturbing disregard for its investors in a systematic pattern of fraud and deceit’. If found.

A look into the lawsuit. barclays bank faces accusations of misleading large institutional investors and other clients in the United States by incorrectly telling them it was protecting them from.

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New York Attorney General Eric Schneiderman will file a securities lawsuit against Barclays PLC for misrepresenting the safety of its U.S.-based alternative trading system, or dark pool, to investors.

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New York Attorney General Eric Schneiderman will file a securities lawsuit against Barclays PLC for misrepresenting the safety of its U.S.-based alternative trading system, or dark pool, to investors..

US authorities have launched a securities fraud lawsuit against Barclays linked to its private trading system, or "dark pool". New York attorney general Eric Schneiderman alleged that the London-based bank’s dark pool gave advantages to high-frequency traders. Shares in Barclays were down more than.