Ex-Barclays trader seeks compensation after rate rigging conviction overturned
A former Barclays trader whose rate rigging conviction was overturned plans to sue the bank. The case was dismissed this week following an appeal.
The trader was initially found guilty but had the conviction quashed, leading to potential legal action against Barclays.
Conviction overturned
The trader's conviction was quashed after an appeal, citing insufficient evidence.
Legal action planned
The trader intends to pursue a lawsuit against Barclays for wrongful conviction.
Common questions
What led to the overturned conviction?
The appeal found that the evidence presented during the trial was insufficient to support the conviction.
What is the trader seeking in the lawsuit?
The trader is seeking compensation for the wrongful conviction and related legal costs.
Sources
- Ex-trader wrongly convicted of rate rigging set to sue Barclays This is Money · thisismoney.co.uk
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