Barclays Wins Staveley Lawsuit Even as Judge Finds ‘Deceit’ (3)

Barclays Plc won a bitter fight with deal-maker Amanda Staveley over a rescue package she helped engineer at the height of the financial crisis more than a decade ago.

Despite dismissing Staveley’s suit, Judge David Waksman found that the bank seriously deceived her about the terms of the 2008 investment at the center of the case. He also criticized former Barclays executives Roger Jenkins and John Varley.

Amanda Staveley

Photographer: Chris J. Ratcliffe/Bloomberg

But Barclays won’t have to pay the 660 million pounds ($918 million) Staveley sought because Waksman found that even if the bank had been honest, Staveley’s PCP Capital Partners wouldn’t have been ...