NEW YORK, July 24 (Reuters) - Barclays Plc filed amotion on Thursday to throw out the New York attorney general'slawsuit that alleged the bank lied to clients over itshigh-speed trading venue, saying many of the state's allegationswere taken out of context.
Barclays' motion to dismiss the lawsuit against the bank'sprivate trading venue - or "dark pool" - was based on proceduraland case law grounds. The bank said Attorney General EricSchneiderman did not have the authority to accuse the bank offraud and deceit under New York's Martin Act, which aims toprotect investors when the purchase, sale or exchange of asecurity is misrepresented.
(Reporting by Herbert Lash; Editing by Chizu Nomiyama)