Dec. 23, 2013
/PRNewswire/ -- Morganti Legal, P.C., a cross border law firm that represents investors is investigating whether Barclays plc (NYSE: "BCS" and LSE: "BARC") misled investors about its investment quality between
, Barclays plc paid
to resolve regulatory investigations of its role in manipulating certain interest-rates, such as LIBOR (London Interbank Offered Rate). On
December 7, 2013
, it was reported that Ricardo Master Fund, a Barclays' offshore fund, profited over two hundred million dollars from its interest rate derivative business linked to LIBOR. These profits were never shared with Barclays' shareholders, yet, those shareholders may have been economically injured when Barclays paid hundreds of millions in regulatory fines in
and its stock dropped more than 10% on news of the fines. It appears that Barclays delisted its Ricardo Master Fund just weeks prior to paying the
Morganti Legal, P.C. is evaluating possible claims on behalf of Canadians who held Barclays' securities listed on the London Stock Exchange and New York Stock Exchange. You may contact
by telephone at (416) 800-2171 or by email at
for further information.
Morganti Legal, P.C. is a law firm that investigates, litigates and resolves economic and financial disputes. You may learn more about Morganti Legal, P.C., at
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
SOURCE Morganti Legal, P.C.