barclays

New York News
7:40 am
Thu June 28, 2012

NY Top Court Rejects Claim from Bad Investment

New York's top court has rejected a request by French investors to reinstate their lawsuit over losing $43 million out of $50 million they put into two structured investment vehicles. WAMC’s Dave Lucas reports.

The investors claim Barclays Bank, Standard & Poor's and two management companies were complicit in leaving investors with plummeting securities shortly before the Wall Street collapse.

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