Barclays faces fraud lawsuit from NY AG

The New York attorney general has sued. in a systematic pattern of fraud and deceit,” Schneiderman said. “Barclays grew its dark pool by telling investors they were diving into safe waters.

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Shares in beleaguered Barclays. from New york attorney general eric schneiderman that the bank defrauded customers using its dark pool trading platform. Schneiderman filed a lawsuit last night.

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New York Attorney General Eric Schneiderman will file a securities lawsuit against Barclays PLC for misrepresenting the safety of its U.S.-based alternative trading system, or dark pool, to investors.

In New York City, Attorney General Schneiderman announced that he has filed a lawsuit against Barclays – one of the world’s largest banks – arising from the operation of Barclays’ dark pool and.

What will the impact be of the N.Y. Attorney General's lawsuit against the Trump Foundation? The New York Attorney General. into allegations that the British bank Barclays used so-called "dark pools" to defraud clients and investors. AG Eric Schneiderman said he will broaden the scope of a.

New York (AFP) – New York prosecutors sued British bank Barclays for fraud Wednesday, saying it ran a "dark pool" securities trading operation to the benefit of "predatory" high-frequency traders.

A.G. Schneiderman Announces Fraud Charges Against Barclays In Connection With Marketing And Operation Of Its Dark Pool NEW YORK – Attorney General eric schneiderman today announced a lawsuit against the international bank Barclays, arising from the operation of Barclays’ dark pool and other aspects of its electronic trading division.