NEW YORK, July 7, 2014 /PRNewswire/ -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Barclays PLC ("Barclays" or the "Company") (NYSE: BCS). The investigation focuses on whether the Company and its executives violated federal securities laws.
On June 26, 2014, New York Attorney General Eric Schneiderman told CNBC that, "Dark pools theoretically are places where large investors will go to protect themselves from high-frequency traders because there's less disclosure."
"Schneiderman announced Wednesday a lawsuit against Barclays—accusing the British bank of giving an unfair edge in the U.S. to high-frequency trading clients, even as it claimed to be protecting large investors from such traders," according to a CNBC report.
On this news, shares of Barclays fell $1.16, or more than 7%, on intraday trading to a price of $14.55 on June 26, 2014.
If you are aware of any facts relating to this investigation, or purchased shares of Barclays, you can assist this investigation by contacting either Edward N. Gewirtz or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email firstname.lastname@example.org. Those who inquire by e-mail are encouraged to include their mailing address and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Edward N. Gewirtz or Eitan Kimelman 212-697-6484
SOURCE Bronstein, Gewirtz & Grossman, LLC