• Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Experts in Risk
  • Class Actions
  • Criminal
  • Events
  • Features
  • Global
  • People
  • SEC
Browse: Home / 2016 / February / 23 / Judge Scheindlin Approves Class Certification in Barclays High-Frequency Trading Securities Fraud Action | Class Action Lawsuit Defense

Judge Scheindlin Approves Class Certification in Barclays High-Frequency Trading Securities Fraud Action | Class Action Lawsuit Defense

By Securities Docket on February 23, 2016, 10:03 am

U.S. District Judge Shira Scheindlin of the Southern District of New York recently certified a class in Strougo v. Barclays PLC, 14 Civ. 5797 (SAS), (S.D.N.Y. Feb. 2, 2016), a high-profile securities class action based on the “price maintenance” theory. The plaintiffs alleged that Barclays made false or misleading statements by overstating the transparency and safety of Barclay’s “Liquidity Cross,” or “LX,” a private trading space where investors can trade in relative anonymity.

via Judge Scheindlin Approves Class Certification in Barclays High-Frequency Trading Securities Fraud Action | Class Action Lawsuit Defense

Posted in Class Actions, Top | Tagged Barclays

« Previous Next »

Subscribe

‘Enforcement 40’ for 2020

The inside story behind the collapse of Queensland Nickel

Our Sponsors

Securities-Docket_260x125_14Sec Ankura 260x125

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2023 Securities Docket.

  • Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
  • Criminal
  • Class Actions
  • Features
  • Global
  • People
  • SEC
  • Events