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Barclays Investors Sue Over Epstein as Congress Threatens Leon Black With Contempt (8/20/26)
Investors sued Barclays and its former chief executive, Jes Staley, alleging that the bank misled shareholders about the true nature of Staley’s relationship with Jeffrey Epstein and concealed risks that eventually damaged the company and its investors. The securities class action, led by pension funds, alleged that Barclays repeatedly presented Staley’s connection to Epstein as essentially professional even though evidence later revealed a far closer relationship, including extensive communications in which Staley referred to Epstein as “family.” The investors argued that Barclays either…
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