VXX DEADLINE ALERT: ROSEN, GLOBAL INVESTOR COUNSEL,

NEW YORK, May 12, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of a short position in Barclays’ iPath Series B S&P 500 VIX Short-Term Futures Exchange Traded Note (“ETN”) under the symbol “VXXB” (hereinafter ” VXX”). due to the sale of VXX ETNs, the sale of VXX call options and/or the purchase of VXX put options and who held that position at the market close on March 13, 2022 May 20, 2024 Lead Plaintiff Deadline.

The case is against Barclays PLC, Barclays Bank PLC, James E. Staley, Tushar Morzaria and CS Venkatakrishnan (collectively, “Defendants”).

SO WHAT: If you have acquired a short position in VXX ETNs, you may be entitled to compensation without payment of any out of pocket fees or costs under a contingency fee arrangement.

WHAT TO DO NEXT: To join the Barclays class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=23523 or call Phillip Kim, Esq. at. Call us toll-free at 866-767-3653 or email [email protected] for class action information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must go to court no later than May 20, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified advisors who have a track record of success in leadership roles. Companies issuing notices often do not have comparable experience, resources, or significant peer recognition. Many of these firms do not actually litigate securities class actions, but are simply middlemen who refer clients or work with law firms that actually litigate the cases. Be wise when choosing your advisor. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest settlement ever in a securities class action lawsuit against a Chinese company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services in 2017 for number of securities class action settlements. The firm has been ranked in the top four every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named a Titan of Plaintiffs’ Bar by law360. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, Barclays failed to inform investors and the market that it did not implement internal controls to monitor the issuance of securities from its shelf registrations and that it issued and sold billions of dollars of unregistered securities, including VXX ETNs . This violates federal securities registration laws. Barclays illegally sold over $17 billion in unregistered securities over a period of approximately 18 months. When the misconduct came to light, Barclays suddenly and without warning had to stop all further issuance and sales of new VXX ETNs. This selling suspension, announced shortly before the market open on March 14, 2022, caused the market price of VXX to skyrocket and investors who shorted VXX suffered significant losses.

To join the Barclays class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=23523 or call Phillip Kim, Esq. at. Call us toll-free at 866-767-3653 or email [email protected] for class action information.

No class has been certified. Until a course is certified, you will not be represented by legal counsel unless you hire one. You can choose a lawyer of your choice. You can also remain an absent course participant at this point and do nothing. An investor’s ability to participate in any potential future recovery is not dependent on serving as lead plaintiff.

For updates, follow us on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Lawyer advertising. Previous results do not guarantee a similar result.

—————–

Contact information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, PA
275 Madison Avenue, 40th floor
New York, NY 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com