LOS ANGELES–(BUSINESS WIRE)–Lundin
Law PC, a shareholder rights firm announces a class action lawsuit
against 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.
To participate in this class action lawsuit, click
here, or call Brian Lundin, Esquire, of Lundin Law PC, at
888-713-1033, or e-mail him at [email protected].
No class has been certified in the above action yet. Until certification
occurs, you are not represented by an attorney. You may choose to take
no action and remain a passive class member.
The Complaint alleges that during the Class Period, FXCM made false
and/or misleading statements and/or failed to disclose that: during
September 4, 2009 through 2014, FXCM’s U.S. subsidiary participated in
false and misleading solicitations of its retail foreign exchange
customers; that FXCM’s U.S. subsidiary made false statements to the
National Futures Association about its relationship with its market
maker; and that as a result, Defendants’ statements about FXCM’s
business, operations and prospects were materially false and misleading
and/or lacked a reasonable basis at all relevant times.
When this information was revealed to the public, the value of FXCM
stock dropped, causing investors harm.
Lundin Law PC was established by Brian Lundin, a securities litigator
based in Los Angeles dedicated to upholding shareholders’ rights.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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