Barclays To Disclose Trader Data In $850M Metals Trading Suit

Law360, London (February 6, 2019, 6:23 PM GMT) -- Barclays Bank PLC has been ordered by London’s High Court to carry out disclosure searches for documents relating to four former traders’ bonuses and appraisals as part of an $850 million lawsuit filed by hedge fund Red Kite Management Ltd. over alleged manipulation of the copper market.

Barclays must carry out disclosure searches for data on four former metals traders as part of hedge fund Red Kite's suit alleging the bank manipulated the copper market, London's High Court has ruled. (AP) The bank must search for bonus and appraisal data of former metals traders Roger Jones, Iain Macrae, Christian Saunders and Lee Pridie...

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