NEW YORK, Oct. 04, 2022 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC is notifying investors that a class action lawsuit has been filed against Barclays PLC (“Barclays” or the “Company”) UCS and certain of its officers on behalf of all persons and entities that purchased or otherwise acquired Barclays American Depositary Receipts (“ADRs”) between February 18, 2021 and March 25, 2022, both dates inclusive (the “Collection Period”). Such investors are encouraged to join this case by visiting the company’s website: www.bgandg.com/bcs1.

This class action seeks damages against the defendants for alleged violations of federal securities laws.

The lawsuit alleges that the defendants made false and/or misleading statements and/or failed to disclose: (1) the financial statements reported by Barclays (which have been restated); (2) by noting that Barclays’ internal controls over financial reporting were effective (which Barclays has acknowledged were not effective and had a material weakness); and (3) failure to disclose the over-issuance and that Barclays Bank PLC (“BBPLC”), a wholly owned subsidiary of Barclays, has violated US securities laws and/or SEC rules, rendering Barclays legally liable. As the true details emerged, the lawsuit alleges that investors suffered damage.

A class action lawsuit has already been filed. If you would like to see a copy of the complaint, you can visit the firm’s website: www.bgandg.com/bcs1 or contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you have suffered a loss at Barclays, you have until November 22, 2022 to apply for the court to appoint you lead plaintiff. Your ability to participate in a recovery does not require you to serve as lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC represents investors in class action lawsuits alleging securities fraud and shareholder derivative lawsuits. The Company…