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Friday, March 29, 2024 | Back issues
Courthouse News Service Courthouse News Service

Barclays Bank Faces Shareholder Class Action

MANHATTAN (CN) - Barclays Bank, senior insiders and the investment banks that underwrote its April 2006 offering of preferred stock violated securities laws by misrepresenting the bank's exposure to subprime mortgage-backed securities, shareholders claim in Federal Court.

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