Barclays has instructed US law firm trio Sullivan & Cromwell, Boies Schiller & Flexner and WilmerHale to defend it from a New York lawsuit alleging the bank misled investors about its high frequency trading operations.
July 25, 2014 at 05:37 AM
1 minute read
The original version of this story was published on Legalweek
Barclays has instructed US law firm trio Sullivan & Cromwell, Boies Schiller & Flexner and WilmerHale to defend it from a New York lawsuit alleging the bank misled investors about its high frequency trading operations.
On 25 June the New York Attorney General, Eric Schneiderman filed the suit against the lender, accusing it of a “systematic pattern of fraud and deceit” within its so-called ‘dark pool’ trading division.
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