FXCM, Inc. (FXCM) Announces Dismissal of Shareholder Class Action

August 23, 2016 4:20 PM EDT

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.

FXCM Inc. (NYSE: FXCM), and certain officers were named defendants in a securities class action lawsuit filed in the United States District Court for the Southern District of New York on May 8, 2015. On August 18, 2016, the District Court granted the Company’s motion to dismiss all the claims asserted in the complaint against defendants. The Plaintiffs were given thirty days to file an amended complaint, should they choose to do so.

The full order granting the motion for dismissal can be found on the Company’s Investor Relations website here: http://ir.fxcm.com\

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Litigation

Add Your Comment