NEW YORK, November 15, 2022 /PRNewswire/ — The law firm Klein announces that a class action lawsuit has been filed on behalf of shareholders of Barclays PLC (NYSE: BCS) alleging that the company violated federal securities laws.
This lawsuit is on behalf of persons who have purchased or otherwise acquired Barclays American Depositary Receipts in a United States open market between February 18, 2021 and March 25, 2022.
Lead Applicant Deadline: November 22, 2022
No obligation or cost to you.
Learn more about your recoverable losses in BCS:
Barclays PLC NEWS – BCS NEWS
CLASS ACTION CASE DETAILS: The complaint filed alleges that Barclays PLC made materially false and/or misleading statements and/or failed to disclose that: a) December 31, 2020 and February 18, 2021, Barclays had a material weakness in its internal control environment due to the fact that the excess issuance had occurred and was not immediately identified; and (b) they failed to disclose that at February 18, 2021 (i) Barclays Bank PLC (“BBPLC”) was selling and selling unregistered securities in excess of the amounts registered by the August 2019 shelf registration statement, (ii) BBPLC violated United States securities laws and/or the regulations of the United States Securities and Exchange Commission, subjecting Barclays to legal liability, and (iii) BBPLC was required to to a cancellation offer for these unregistered titles.
WHAT THIS MEANS FOR YOU AS A SHAREHOLDER: If you have suffered a loss at Barclays, you have until November 22, 2022 ask the court to obtain the status of principal plaintiff. Your ability to participate in any collection does not require you to serve as the lead plaintiff.
AT NO CHARGE TO YOU: If you have purchased Barclays securities during the relevant period, you may be entitled to compensation without payment of disbursements.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For more information on the BCS trial, please contact J. Klein, Esq. by phone at 212-616-4899 or click on this link: https://www.kleinstocklaw.com/pslra-1/barclays-loss-submission-form?id=33677&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigation involving financial fraud across the country. Klein Law Firm is a litigation firm with experience in a wide range of areas, including securities law, corporate finance and commercial litigation. Since 2011, our experienced lawyers have achieved superior results for our clients with a personalized approach. Lawyer advertisement. Prior results do not guarantee similar results.
J. Klein, Esq.
535 Fifth Avenue
New York CityNY 10017
Telephone: (212) 616-4899
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SOURCE Klein Law Firm