Barclays faces fraud lawsuit from NY AG

NEW YORK/LONDON (Reuters) – New York’s attorney general has filed a securities fraud lawsuit against. respectively. Barclays could suffer a litigation cost of $163 million from the activities and.

New York Sues Barclays Over High-Frequency Trading 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. The share price slid 7.4.

NEW YORK– The New York state attorney general has filed a securities fraud lawsuit against Barclays , accusing the British bank of giving an unfair edge in the United States to high-frequency trading.

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