Judge Tosses Case Against Barclays Trader in Latest Stumble for Prosecutors - News Summed Up

Judge Tosses Case Against Barclays Trader in Latest Stumble for Prosecutors


WASHINGTON—A federal judge dismissed without sending to the jury a case against a former senior Barclays PLC trader accused of illegally trading in anticipation of a major client deal, highlighting the problems prosecutors have faced in efforts to hold individuals liable for allegations of corporate misconduct. In a 13-page order issued Monday, Senior U.S. District Judge Charles Breyer said the government pursued a case that “violated no clear rule or regulation, was not prohibited by the agreements between the parties, and...


Source: Wall Street Journal March 04, 2019 21:00 UTC



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