Law Office Of Brodsky & Smith, LLC Announces Investigation Of Barclays PLC

Law office of Brodsky & Smith, LLC announces that it is investigating potential violations of the Securities Exchange Act of 1934 by Barclays PLC (“Barclays” or the “Company”) (NYSE: BCS).

A class action lawsuit commenced in the United States District Court for the Southern District of New York alleges that Barclays artificially inflated the price of the Company’s securities by participating in a scheme to manipulate Libor interest rates for the benefit of Barclay’s traders. On June 27, 2012, Barclays was found by US and UK regulators to have manipulated or “fixed” its Libor submissions. These revelations caused the Company’s American Depository Receipts (“ADRs”) to fall by 12%, from $12.33 per share to $10.84 on over 22 million shares traded and then an additional 5% on over 14 million shares traded.

If you purchased the sponsored ADRs of Barclays between July 10, 2007 and June 27, 2012 and wish to discuss the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [e-mail], visiting http://brodsky-smith.com/452-bcs-barclays-plc.html, or by calling toll free 877-LEGAL-90. If you choose to retain counsel, you may retain Brodsky & Smith, LLC without financial obligation to you, or you may retain other counsel of your choice.

Copyright Business Wire 2010