Claims Tossed From Suit Over Barclays’ Accidental Unregistered Securities Sales

(March 4, 2024, 8:30 AM EST) -- NEW YORK — A federal judge in New York issued a mixed ruling in response to a motion to dismiss a putative class complaint filed over how Barclays PLC and Barclays Bank PLC and certain of their executives responded to the accidental sale of unregistered securities, finding that investors adequately alleged that the banking entities failed to disclose that they lacked internal controls to prevent the error but that they failed to adequately plead a securities fraud claim....