Barclays

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On July 31, 2014, Bottini & Bottini, Inc. filed a class action complaint against Barclays PLC and Barclays Capital, Inc. (“Barclays”) on behalf of its client, Great Pacific Securities and all others similarly situated, in federal court in Los Angeles. The "Class," which is the group of persons on whose behalf the case is brought, is defined as all persons and entities who were clients of Barclays and whose trades were submitted for potential execution in Barclay’s Liquidity Cross (“LX”) dark pool from January 1, 2011 to the present and were harmed (the “Class”).

The complaint alleges that Barclays concealed from its customers the fact that predatory, high-speed traders were lurking in its LX dark pool, and that Barclays' customers were harmed when such predatory traders traded ahead of Barclays' customers.

Separately, the SEC and N.Y. Attorney General have been investigated Barclays' conduct with respect to the LX dark pool exchange. On January 31, 2016, Barclays agreed to pay $70 million to settle the SEC and N.Y. Attorney General's investigations.

If you were a Barclays customer at any time from January 1, 2011 to the present, and would like to discuss your legal rights, please contact us. Also, if you have information about Barclays' alleged wrongdoing, and would like to share it with us, please contact us by phone or email.