Barclays Sued by Investor Over Alleged Euribor Actions
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Barclays Plc was sued by an investor who claimed her futures-trading business was harmed by the bank’s admitted manipulation of the Euro Interbank Offered Rate.
A copy of the complaint, which also names JPMorgan Chase & Co. and Citigroup Inc. among other defendants, was provided by Hagens Berman Sobol Shapiro LLP, the law firm representing the investor. The filing couldn’t be independently confirmed yesterday on the website of the federal court in Manhattan.