IRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP (the “Firm”) announces a class action lawsuit against Global Brokerage, Inc., formerly FXCM, Inc. (“FXCM” or the “Company”) (Nasdaq: FXCM). Investors who purchased or otherwise acquired shares between March 15, 2012 and February 6, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm in advance of the April 10, 2017 lead plaintiff motion deadline.
If you purchased shares of FXCM during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at firstname.lastname@example.org.
There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
According to the Complaint, throughout the Class Period, the Company made false and/or misleading statements and/or failed to disclose that: from September 4, 2009 through at least 2014, FXCM’s U.S. subsidiary engaged in false and misleading solicitations of its retail foreign exchange customers by concealing its relationship with its most important market maker and by misrepresenting that its “No Dealing Desk” platform had no conflicts of interest with its customers; that the Company’s U.S. subsidiary made false statements to the National Futures Association about its relationship with the market maker; and that as a result of the above, FXCM’s statements about its business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
If you wish to learn more about this lawsuit, or if you have questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or via e-mail at email@example.com.
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