LOS ANGELES, Oct. 25, 2022 (GLOBE NEWSWIRE) — Glancy Prongay & Murray LLP (“GPM”) reminds investors of what’s to come November 22, 2022 Deadline for filing a motion by lead plaintiff in the class action lawsuit filed on behalf of investors who have purchased or otherwise acquired Barclays PLC (“Barclays” or the “Company”) UCS American Depositary Receipts (“ADRs”) between February 18, 2021 to March 25, 2022inclusive (the “Class Period”).

If you have suffered a loss on your Barclays investments or would like to inquire about potential claims to recover your loss under federal securities laws, you may submit your contact information at www.glancylaw.com/cases/barclays-plc/. You can also contact GPM’s Charles H. Linehan at 310-201-9150, toll free at 888-773-9224, or email at [email protected] to learn more about your rights.

On 28 March 2022, Barclays announced that its subsidiary Barclays Bank PLC (“BBPLC”) had lost approximately £15.2bn of unregistered securities to approximately £450m in a shelf registration in August 2019.

On the news, Barclays stock fell $0.96, or 10.6%, to close at $8.09 per ADR on March 28, 2022, hurting investors.

Then, on July 28, 2022, Barclays released preliminary financial results and announced that BBPLC had also over-issued unregistered securities under a second-shelf registration statement. The company announced that it had received approximately $1.9 billion “in connection with the over-issuance of structured notes” and approximately $201 million “in connection with liabilities arising out of ongoing discussions regarding a possible SEC decision could result”, had postponed.

On the news, Barclays stock fell $0.41, or 5.2%, to close at $7.48 per ADR on July 28, 2022, further hurting investors.

The Complaint filed in this Class Action alleges that throughout the Class Period, the Defendants made materially false…