BCLYF.US

id: 1351

Barclays (BCLYF) Investor Settlement

Late claims are being considered for compensation, subject to approval.

S.D. New York

Court

1:22-cv-08172

Case number

02/18/2021

Class period Start

02/14/2023

Class period End

03/13/2025

Claim deadline

Barclays PLC reached a settlement with investors to resolve claims related to the over-issuance of securities.

Case Status

Accepting Late Claims

Alleged Offence

Misleading Statements,

Financial Misrepresentation,

Failure to Disclose

Suspected Party

Directors,

Management,

Investment Bank

Security Type

Depository Securities (ADS, ADR, GDR)

Trade Direction

Long

Payout per Share

0.11

Filing date

09/23/2022

Plaintiffs

Sheryl Cohen Fine; John Risner

Attorneys

Robbins Geller Rudman & Dowd LLP

Defendants

James E. Staley; C.S. Venkatakrishnan; Tushar Morzaria; Anna Cross

Judge

Robert Kirsch

Administrator

Verita Global

Settlement agreement date

2024-12-03

Court hearing date

03/18/2025

Exclusion deadline

02/26/2025

Objection deadline

02/26/2025

Attorney fee

$5,955,000

Class wide damages

$781,700,000

Trades matching type

FIFO

+$19,500,000

Cash Settlement Amount

Barclays PLC

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK; Barclays UK Corporate Bank...

Ticker

BCLYF.US

ISIN

GB0031348658

CIK

0000312069

Sector

Financial Services

Industry

Banks - Diversified

Country

USA

Address

1 Churchill Place, London, United Kingdom, E14 5HP