A U.S. investor is suing Barclays and current and former bosses over losses suffered after New York's attorney general accused the British bank of lying to customers regarding its electronic trading platform.
Barbara Strougo of New York filed a class action lawsuit in New York on Monday against Barclays and its Chief Executive Antony Jenkins and Finance Director Tushar Morzaria. It also names former CEO Bob Diamond and former finance chief Chris Lucas as defendants.
Strougo claimed she and other buyers of Barclays American depositary shares (ADS) lost money after the attorney general brought a lawsuit against Barclays' "dark pool" trading venue on June 25. Barclays' London-listed shares fell more than 5 percent the next day, and the ADS fell 7.4 percent.