GLBR.US
id: 570
FXCM Investors $6.5 million Settlement
The settlement funds have been distributed to claimants.
$6,500,000
Cash SettlementS.D. New York
Court17-CV-00916
Case number03/15/2012
Class period Start02/06/2017
Class period End06/07/2023
Claim deadlineFXCM 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