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The filed complaint alleges that Barclays PLC made materially false and/or misleading statements and/or failed to disclose that: On February 13, 2025, Barclays disclosed in its annual report for 2024 that the U.K.'s Financial Conduct Authority was investigating whether financial controls at the Company's U.K. division had been too lax and whether Barclays had violated anti-money laundering laws. Following this news, Barclay's American Depositary Receipt ("ADR") price fell over 5% on the same day.
In order to be eligible to join the BCS class action lawsuit, you must have incurred a loss on shares of Barclays PLC purchased during the class period listed above.
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