Pomerantz Attys Seek $8M In Fees In Barclays Dark Pool Suit

Law360 (April 15, 2019, 2:33 PM EDT) -- A class of Barclays investors asked a New York federal court for final approval of their $27 million deal with the bank over its alleged mismanagement of its off-exchange trading pool, along with more than $8.1 million in attorney fees for Pomerantz LLP.

The all-cash settlement was struck in January after more than four years of litigation, ending securities fraud claims that Barclays PLC and its former head of equities electronic trading William White hid or downplayed problematic practices in managing its dark pool until the former New York attorney general exposed it in a 2014 lawsuit.

On Friday, the investors...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Related

Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only

Court

New York Southern

Nature of Suit

Securities/Commodities

Judge

Subscribers Only

Date Filed

July 28, 2014

Law Firms

Companies

Government Agencies

Judge Analytics