Barclays Plc has asked a judge to throw out a case which was filed by New York Attorney General, Eric Schneierman. The suit alleges that the bank lied to customers and hid the role of some of the high frequency traders in order to boost the dark pool profile. According to the London based bank, the suit fails to show that any investors were harmed by the process. The bank also alleges that the suit is not based on any "clear and substantial factual errors." The bank states that New York's AG has taken the NY security law, the Martin Act, too far by filing this suit. The bank stated in a court filing that the suit ignores the class of customers who use the Barclays LX; and claims that they are "highly sophisticated traders and asset managers." The Martin ACt is a powerful anti-fraud statute which is used by the AG's office so that it bars fraudulent actions in the purchase or sale of "securities."