The Traderszone Network

Published in TZ Latest News 27 November, 2015 by The TZ Newswire Staff

Class action suit against Barclays alleges forex rigging losses

The suit by Axiom Investment Advisors LLC, filed in a Manhattan federal court, follows a pact on Nov 18 in which Barclays agreed to pay New York State’s financial regulator an additional $150 million to settle allegations stemming from allegations about the bank’s forex practices. A Barclays spokesman declined to comment.

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