September 27, 2013 - Plaintiffs filed a notice of voluntary dismissal of all claims without prejudice against certain defendants.
September 16, 2013 - The lead plaintiff filed a second amended complaint.

August 19, 2013 - The U.S. Court of Appeals for the Second Circuit reversed in part and affirmed in part the district court's decision.

June 28, 2011 - The plaintiffs filed a notice of appeal.

May 31, 2011 - The court denied the plaintiffs' motion for reconsideration.

February 4, 2011 - The plaintiffs filed a motion for reconsideration.

January 5, 2011 - The court granted the defendants' motion to dismiss.

April 19, 2010 - The defendants filed a motion to dismiss.

February 12, 2010 - The lead plaintiffs filed an amended consolidated complaint on behalf of all persons who acquired the American Depositary Share (ADRs), preferred Series 2, of Barclays Bank Plc (NYSE:BCS-P) between September 15, 2005 and April 8, 2008. The plaintiff alleges that the defendants violated the Securities Act of 1933 by issuing false and misleading statements between September 15, 2005 and April 8, 2008.

December 9, 2009 - Lead plaintiffs and lead counsel were appointed and all cases were consolidated.

May 4, 2009 - Lead plaintiff motions were filed.

April 20, 2009 - Another investor filed a complaint.

April 7, 2009 - Another investor filed a complaint.

March 23, 2009 - Another investor filed a complaint.

March 12, 2009 - Another investor filed a complaint.

March 4, 2009 - An investor in American Depositary Shares (ADRs) of Barclays PLC (NYSE: BCS), preferred Series 2 shares of Barclays Bank Plc (NYSE: BCS-P) filed a lawsuit in the U.S. District Court for the Southern District of New York over alleged violations of Federal Securities Laws.

The complaint was filed on behalf of all persons who acquired the American Depositary Share (ADRs), preferred Series 2, of Barclays Bank Plc (NYSE:BCS-P) pursuant and/or traceable to an alleged false and misleading registration statement and prospectus issued in connection with the Company’s April 2006 offering of the Company’s Preferred Stock representing 6.625% Dollar-Denominated Non-Cumulative Callable Preference Shares, Series 2.

According to the complaint the plaintiff alleges that Barclays Bank PLC, its senior insiders, Barclays Plc and the underwriters of the Offering violated the Securities Act of 1933 between April 21, 2006 to March 4, 2009. The complaint alleges that defendants consummated the Offering pursuant to a false and misleading Registration Statement and Prospectus, selling 30 million shares at $25 per share (including the over-allotment), for proceeds of over $750 million. Then, in August 2008, Barclays Bank PLC, its senior insiders, Barclays Plc announced huge multi-billion dollar impairment charges associated with its exposure to mortgage-related securities. Notwithstanding these huge write-downs, Barclays’ securities, including the Preferred Stock, did not decline appreciably due to Barclays’ assurances it did not require additional capital after raising £4.5 billion in a share sale in July. However, in mid-November 2008, Barclays was forced to acknowledge that it would indeed need to raise additional capital, and the price of the Preferred Stock fell to as low as $8.30 per share, so the lawsuit.