Enron class action vs. Barclays dismissed

Looks like Barclays is in the clear:

BERLIN Barclays P-L-C says a court in Houston has dismissed claims against it in a class-action lawsuit over its role in the Enron bankruptcy.

The British bank today reports it received a court order dismissing claims against Barclays in the so-called Newby litigation.

The suit alleges several banks helped Houston-based Enron misrepresent its earnings and revenue.

Barclays is one of several financial companies named in the class action brought by Enron shareholders.

Enron declared bankruptcy in 2001.

Barclays didn’t give the court’s reason for the dismissal of the case.

The order will end the Newby litigation for Barclays unless plaintiffs, including the University of California, successfully challenge it.

There are still other Enron-related lawsuits against Barclays, including the bankruptcy case.