मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
Barclays and Staley face class action lawsuit in US over links with Epstein
The Guardian
|June 28, 2025
Barclays and its disgraced former chief executive, Jes Staley, are facing a class action lawsuit in the US over claims they defrauded and misled investors over Staley's relationship with the child sex offender Jeffrey Epstein.
A judge in a Los Angeles court denied Staley's request to dismiss the case this week, paving the way for a fresh hearing that continues a long-running legal saga emanating from Staley's statements to regulators and investors over the nature of his ties to the disgraced financier.
It is a bruising outcome for the American banker, who lost a legal challenge in Britain on Thursday against the Financial Conduct Authority (FCA), which in 2023 banned him for life from holding senior management roles in the City for misleading the watchdog over his history with Epstein.
The US class action suit, led by pension funds in New York and Missouri, alleges that Barclays, its chairman Nigel Higgins and Staley repeatedly misrepresented Staley's history with Epstein to media and investors, starting in July 2019 - weeks after Epstein was arrested on charges of trafficking underage girls for sex.
Court documents allege this was done in an attempt to protect Barclays' reputation and share price.
यह कहानी The Guardian के June 28, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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