Barclays rejects claims made in DOJ complaint
Barclays notes the Complaint filed by the United States Department of Justice in the US District Court for the Eastern District of New York. The Complaint relates to the DoJ's investigation of certain activities of Barclays in respect of US residential mortgage-backed securities in the period 2005-2007. The Complaint is a civil claim that makes a number of allegations, including mail and wire fraud. Amongst other relief, the Complaint seeks unspecified monetary penalties. "Barclays rejects the claims made in the Complaint. Barclays considers that the claims made in the Complaint are disconnected from the facts. Barclays will vigorously defend the Complaint and intends to seek its dismissal at the earliest opportunity. Any further announcements will be made as appropriate," the company stated.