REUTERS/Toby Melville/File Photo Acquire Licensing RightsNov 3 (Reuters) - Barclays (BARC.L) was sued this week by investors in its U.S.-listed securities who said the British bank misled them about former Chief Executive Jes Staley's ties to the disgraced financier Jeffrey Epstein.
Staley was Barclays' chief executive from 2015 and 2021.
The investors said Barclays concealed or made misleading statements about Staley's and Epstein's relationship in public statements, regulatory disclosures about risks it faced, and communications with Britain's Financial Conduct Authority.
A Nov. 9 hearing is scheduled in Manhattan federal court to consider final approval of the victims' settlement.
The case is Merritt v Barclays Plc et al, U.S. District Court, Central District of California, No.
Persons:
Toby Melville, Jes, Jeffrey Epstein, Staley, Epstein, C.S, Jonathan Stempel, Daniel Wallis
Organizations:
Barclays, REUTERS, JPMorgan Chase, Britain's Financial, Authority, Investors, New York Times, JPMorgan, U.S ., Merritt, Barclays Plc et, Court, District of, Thomson
Locations:
City, London, Los Angeles, Manhattan, U.S . Virgin Islands, U.S, District, District of California, New York