Barclays Investors Granted Class Cert. In Offering Suit

Barclays Bank Plc stockholders have been granted class certification after a New York federal judge found the lead plaintiff has adequate standing and is an appropriate class representative. The stockholders have launched action following claims they were misled by Barclays when the bank offered them materials ahead of its public offering worth $2.5bn in 2008.

By Suevon Lee (June 9, 2016, 11:24 PM EDT) -- 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....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

Access to case data within articles (numbers, filings, courts, nature of suit, and more.)

Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.

Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS