SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMCNet:  BCS SHAREHOLDER ALERT: The Law Firm of Wohl & Fruchter LLP Announces Investigation of Barclays PLC

[June 26, 2014]

BCS SHAREHOLDER ALERT: The Law Firm of Wohl & Fruchter LLP Announces Investigation of Barclays PLC

NEW YORK --(Business Wire)--

The law firm of Wohl & Fruchter LLP is investigating possible violations of federal securities laws by officers and directors of Barclays PLC (Barclays) (NYSE: BCS).

On June 25, 2014, New York Attorney General Eric Schneiderman announced a lawsuit against Barclays alleging that the British banking and financial services firm misled large institutional investors and other clients in connection with the operation and marketing of the firm's "dark pool." Specifically, the complaint filed in New York state court alleges that Barclays' Equities Electronic Trading Division defrauded clients by, among other things, concealing biased order routing practices, misleading clients concerning their exposure to predatory high frequency trading, and improperly disclosing confidential information concerning the dark pool to high frequency traders, including information on the identity and trading activity of other traders. According to the Attorney General, the complaint describes "a flagrant pattern of fraud, deception and dishonesty with Barclays cliens and the investing public."


On the above news, Barclays shares have fallen over 6% in trading on June 26, 2014.

Persons with relevant information, and Barclays shareholders with questions about this investigation, are invited to contact the attorney below, or our Firm by calling 866.833.6245.

Additional information, including a copy of the Attorney General's complaint, is available on our website at: http://www.wohlfruchter.com/cases/barclays.

About Wohl & Fruchter

Wohl & Fruchter LLP represents plaintiffs in litigation arising from fraud and other fiduciary breaches by corporate managers, as well as other complex litigation matters. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.

Contact:

J. Elazar Fruchter (jfruchter@wohlfruchter.com)
845.425.4658 or Toll Free 866.833.6245
Wohl & Fruchter LLP
570 Lexington Avenue
New York, NY 10022
www.wohlfruchter.com

This release may be deemed to constitute attorney advertising.


[ Back To Technology News's Homepage ]

OTHER NEWS PROVIDERS







Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved | Privacy Policy