Judge Tosses Case Against Barclays Trader in Latest Stumble for Prosecutors

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Judge Tosses Case Against Barclays Trader in Latest Stumble for Prosecutors
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A federal judge dismissed a case against a former senior Barclays trader accused of illegally trading in anticipation of a major client deal

WASHINGTON—A federal judge dismissed without sending to the jury a case against a former senior Barclays PLC trader accused of illegally trading in anticipation of a major client deal, highlighting the problems prosecutors have faced in efforts to hold individuals liable for allegations of corporate misconduct.

In a 13-page order issued Monday, Senior U.S. District Judge Charles Breyer said the government pursued a case that “violated no clear rule or regulation, was not prohibited by the agreements between the parties, and...

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