Conflict & Justice

Barclays Faces Lawsuits in the US

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Barclays Sign (Photo: Leo Reynolds/Flickr)

A federal class action lawsuit against Barclays and other banks is already working its way through the court system in the US.

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The City of Baltimore is named, but other municipalities and corporations are awaiting the outcome.

Lawyer Hilary Scherrer, based in DC, says that overall, the potential losses could run into billions.