Barclays labels Staveley lawsuit 'distorted and exaggerated'

Barclayshas dismissed as "distorted and exaggerated" legal arguments by financier Amanda Staveley, who is claiming up to 1.5 billion pounds in damages for alleged deceit over a financial crisis-era fundraising in a high-profile London trial.Staveley's PCP Capital Partners alleges Barclays reneged on written and oral representations that it would get the same terms as Qatar during a 7.3 billion pound emergency cash call in October 2008 that allowed the British bank to avoid a state bailout.The Hi