Judge Dismisses Barclays from Enron Shareholder Litigation

Bloomberg, 20 July 2006Investors can't pursue securities fraud claims against Barclays Plc, Britain's third-biggest bank, over its role in Enron Corp.'s 2001 collapse, a federal judge ruled. Investors claimed London-based Barclays and other banks helped Enron structure and finance off-the-books transactions used to hide debts and losses. A federal judge ruled today that because Enron, not