New York State Attorney General Eric Schneiderman speaks during a news conference Wednesday, June 25, 2014, in New York. (AP Photo/John Minchillo)
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Barclays PLC said it was bringing in outside help to speed up an investigation into alleged misconduct in its "dark pool" operations, which have rekindled concerns that the cost of past problems at its investment bank will rise.More than 2 billion pounds ($3.4 billion) was wiped off Barclays' market value Thursday after New York's attorney general filed a lawsuit against the British bank, accusing it of trying to grab extra profits from its alternative trading system while promising to get the best possible prices for customers.Barclays' dark pool business, called LX, originally belonged to Lehman Brothers, the investment bank that collapsed in 2008 . Barclays subsequently bought Lehman's U.S. business.Barclays could suffer a litigation cost of $163 million from the dark pool activities, analysts at Credit Suisse estimated.Rival banks have pulled business out of Barclays' dark pool, the Financial Times reported.
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