In re: Barclays Bank Plc Securities Litigation
Case Number:
1:09-cv-01989
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Bathaee Dunne
- Berger Montague
- Kessler Topaz
- Nelson Mullins
- Robbins Geller
- Skadden Arps
- Sullivan & Cromwell
Companies
- Bank of America Corp.
- Barclays PLC
- BNP Paribas SA
- Citigroup Inc.
- Morgan Stanley
- UBS Group AG
- Wells Fargo & Co.
Sectors & Industries:
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September 13, 2017
Barclays Dodges Investor Suit Over $2.5B Offering
Barclays PLC defeated a long-running securities class action alleging it misled investors before a $2.5 billion notes offering in April 2008 when a New York federal judge ruled Wednesday that the company statements cited by the investors weren't lies, or were taken out of context.
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October 24, 2016
Barclays Seeks Quick Win In $2.5B Offering Suit
Barclays Bank PLC has asked a New York federal court for a quick win in a Securities Act class action alleging it misled investors ahead of a $2.5 billion offering in April 2008, saying the investors can’t show the bank’s estimates of its credit risk were objectively false.
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June 09, 2016
Barclays Investors Granted Class Cert. In Offering Suit
A New York federal judge on Thursday certified a class of Barclays Bank Plc stockholders who claim the bank misled them in offering materials ahead of its $2.5 billion public offering in April 2008, saying the lead plaintiff has standing and is an adequate class representative.
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May 17, 2016
Spokeo Ruling Crops Right Up In $2.5B Barclays Share Beef
The U.S. Supreme Court's Spokeo decision Monday, which found that class plaintiffs must allege actual harm, was already in play in New York federal court Tuesday as Barclays PLC scrapped over whether any real injury existed with a shareholder proposing to lead a fraud action over a $2.5 billion mortgage-backed securities offering.
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March 10, 2015
Barclays Investors Seek Class Cert. In MBS Fraud Suit
Stockholders who claim Barclays Bank PLC misled them about its exposure to subprime mortgage-backed securities before the housing market collapse have petitioned a New York federal court to certify a class comprising all shareholders who participated in the company's $2.5 billion public stock offering in 2008.
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June 03, 2014
Barclays Fails To Escape Shareholders' MBS Action
A New York federal judge on Tuesday refused to dismiss a class action against Barclays Bank PLC, saying a Second Circuit ruling gave shareholders latitude to amend allegations that the bank did not believe its own valuations for mortgage-backed securities offerings.
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June 30, 2011
Investors Appeal Dismissal Of Barclays MBS Fraud Suit
Shareholders who hit Barclays Bank PLC with a proposed fraud class action after investing in billions of dollars worth of mortgage-backed securities sold by the British financial giant on Wednesday appealed a New York federal court's dismissal of their claims.
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February 07, 2011
Shareholders Try To Revive Barclays Subprime Suit
Barclays Bank PLC investors have asked a federal judge to reconsider his dismissal of a consolidated securities class action alleging the British bank misled shareholders about its exposure to subprime mortgage-backed securities before the housing market collapse.