Reuters – Barclays Plc urged the dismissal on Thursday [July 24] of a lawsuit from the New York attorney general alleging the bank lied to clients about its high-speed trading venue, saying the complaint had “fatal flaws” because Barclays’ customers were never misled.
The bank’s motion to dismiss the lawsuit against its private trading venue – or “dark pool” – said the attorney general failed to identify any fraud, and did not establish material misstatements, identify victims or actual harm.
