SAN DIEGO, Feb. 7, 2017 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP today announced that it is investigating whether certain officers or directors of FXCM Inc. (NASDAQ: FXCM) violated state or federal laws. FXCM provides online foreign exchange (FX) trading and related services to retail and institutional customers worldwide.
On February 7, 2017, FXCM plummeted 45% in premarket trading after the Company was banned by the Commodity Futures Trading Commission (CFTC) from further operating in the U.S. FXCM was accused of taking positions opposite its retail customers. As part of FXCM's settlement with the CFTC, the company will sell its U.S. customer accounts, to Gain Capital Holdings Inc.
If you have information that could assist in this investigation, including past employees and others, or if you are an FXM shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker ([email protected]) by email or phone at 619-814-4471. If emailing, please include a phone number where you can be reached.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
[email protected]
SOURCE Johnson & Weaver, LLP
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