Feb. 23 at 1:30 PM
$BCS /
$BCSPR has agreed to resolve claims through a
$200,000,000 SEC Fair Fund over allegations that it sold billions in unregistered securities due to internal control failures.
Who’s eligible?
Anyone who purchased affected Barclays securities between June 26, 2019 and March 27, 2022, as defined in the SEC Fair Fund notice.
Do I need to sell my shares to qualify?
No — you are eligible whether you sold your securities or still hold them.
How much is the payout?
The payout per share is
$0.03 — but normally only about 25% of eligible investors file claims. If that trend holds, the effective payout could rise to approximately
$0.12 per share.
Can I still file?
Late claims are being considered for compensation, subject to approval.
When do payouts happen?
Typically within several months after the SEC approves the distribution plan and all valid claims are processed.
To file your claim: https://11th.com/cases/barclays-fair-fund