24/07/2014

Barclays Dismisses New York Attorney Generals Complaint

Barclays has filed a motion today to throw out a lawsuit from New York's Attorney General in relation to a complaint that alleged the bank lied to its clients about the activity of predatory high-speed traders in its dark pool.

A spokesperson for Barclays said: "Barclays works closely with its regulators in all jurisdictions and will continue to cooperate with the New York Attorney General. However, we do not believe that this suit is justified, and we have a duty to our shareholders, clients and staff to defend our position."

(CD/IT)

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