Court’s Selective Disclosures Ruling In Securities Suit Erroneous, Investors Say

(February 14, 2018, 9:26 AM EST) -- NEW YORK — A federal district court erred in granting summary judgment in favor of defendants in a securities class action lawsuit against Barclays Bank PLC and two of its senior officers by determining that the defendants’ selective disclosures of their alleged fraud would not have misled investors “as a matter of law” instead of whether “reasonable investors” would have been misled, lead plaintiffs argue in a Jan. 25 appellant brief filed in the Second Circuit U.S. Court of Appeals (In re Barclays Bank PLC Securities Litigation, No. 17-3293, 2nd Cir.)....

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