‘Dark Pool’ Complaint Against Barclays Expanded by Schneiderman

Several Barclays Plc executives were aware that the bank was falsely representing how algorithms in its dark pool worked and how client orders were routed, according to an amended complaint prepared by New York’s attorney general.

The complaint marks the first time that executives at Britain’s second-largest bank have been identified in New York Attorney General Eric Schneiderman’s suit claiming that the bank misled customers of its in-house trading system to boost its own profits.