Sign In
GLBR.US
id: 570

FXCM Investors $6.5 million Settlement

The settlement funds have been distributed to claimants.
$6,500,000
Cash Settlement
S.D. New York
Court
17-CV-00916
Case number
03/15/2012
Class period Start
02/06/2017
Class period End
06/07/2023
Claim deadline
FXCM settles a $6.5 million with investors, resolving claims FXCM secretly traded against its own customers.
Case Type
US Securities Class Action
Case Status
Disbursed
Alleged Offence
Other
Suspected Party
Other
Security Type
Stocks
Trade Direction
Long
Filing date
02/07/2017
Plaintiffs
Shipco, E-Global
Attorneys
The Rosen Law Firm, P.A., Wolf Haldenstein (New York, NY)
Defendants
Dror Niv, William Ahdout
Judge
Hon. Ronnie Abrams
Administrator
Strategic Claims Services
Settlement agreement date
2023-06-07
Court hearing date
07/07/2023
Exclusion deadline
06/16/2023
Objection deadline
06/16/2023
Trades matching type
FIFO
Disbursement date
08/28/2024

Global Brokerage Inc

Global Brokerage, Inc., through its subsidiaries, provides online foreign exchange (FX) trading, contracts for difference trading, spread betting, and related services to retail and institutional c...

    Ticker
    GLBR.US
    ISIN
    US37891B1098
    CIK
    0001499912
    Sector
    Financial Services
    Industry
    Financial Data & Stock Exchanges
    Country
    USA
    Address
    520 Madison Avenue, New York, NY, United States, 10022