Barclays, PCP Capital Tussle Over Docs In Civil Fraud Suit

Law360, London (June 28, 2019, 8:06 PM BST) -- A private equity firm that claims Barclays defrauded it at the height of the financial crisis scored a win on Friday after a judge ordered the bank to search for the same breadth of materials that surfaced in parallel criminal proceedings tied to its 2008 capital raising.

Barclays is being sued for up to £1 billion ($1.27 billion) in damages by a private equity company that claims it was defrauded by the lender during the financial crash. (AP) Judge Robin Knowles said Barclays will need to undertake an additional search on its systems for new names and date ranges after PCP...

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