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GLBR.US
id: 570

FXCM Investors $6.5 million 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 Status
Disbursement
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
+$6,500,000
Cash Settlement Amount