|[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.
J. Elazar Fruchter (email@example.com)
or Toll Free 866.833.6245
Wohl & Fruchter LLP
New York, NY 10022
This release may be deemed to constitute attorney advertising.
[ Back To TMCnet.com's Homepage ]