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9th Circ. Won't Revive Barclays Dark Pool Suit

By Jon Hill ( July 31, 2018, 2:54 AM BST) -- A Ninth Circuit panel has declined to revive a proposed class action accusing Barclays of misleading institutional investors about their exposure to high-frequency traders in its so-called LX dark pool, ruling Monday that the broker-dealer behind the suit hadn't adequately spelled out the "who, what, when, where and how" of its alleged reliance on the bank's LX marketing. . . .

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