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Barclays Traders Charged in Libor Probe Seek Legal Fees

Three former Barclays Plc traders charged in the U.K. with manipulating Libor sued the bank in a U.S. court claiming it’s obligated to keep paying their legal fees under a law protecting whistle-blowers.

The three said in their complaint that they cooperated in both countries with numerous official investigations into the illegal manipulation of the benchmark London interbank offered rate. They said they acted in Barclays’s interest.