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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

Barclays and Jes Staley face fresh lawsuit in US over Epstein link

He looks downbeat in suit and tie
Jes Staley leaving court in London in March. A judge in Los Angeles this week denied his request to dismiss the US case. Photograph: Isabel Infantes/Reuters

Barclays and its former chief executive Jes Staley are facing a class action lawsuit in the US over claims they defrauded and misled investors over Staley’s relationship with the child sex offender Jeffrey Epstein.

A judge in a Los Angeles court denied Staley’s request to dismiss the case this week, paving the way for a fresh hearing that continues a long-running legal saga emanating from Staley’s statements to regulators and investors over the nature of his ties to the disgraced financier.

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