A branch of Barclays Bank is seen, in London, Britain, February 23, 2022. REUTERS/Peter NichollsNEW YORK, Sept 23 (Reuters) - Barclays Plc (BARC.L) was sued on Friday in a proposed U.S. class action in which shareholders claimed they were defrauded in connection with the British bank's sale of $17.6 billion more debt than regulators had allowed. The bank revealed in March that it had sold $15.2 billion more structured and exchange-traded notes than the $20.8 billion U.S. regulators had authorized. read moreThe bank said on Sept. 15 that investors had submitted claims covering $7 billion of the securities. The case is City of North Miami Beach Police Officers' and Firefighters' Retirement Plan et al v. Barclays Plc et al, U.S. District Court, Southern District of New York, No.

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