23.08.2016 22:46:46
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Press Release: Dismissal Granted in SNB Related Securities Class Action Lawsuit Against FXCM Inc. and Certain Officers
FXCM Inc. / Dismissal Granted in SNB Related Securities Class Action Lawsuit Against FXCM Inc. and Certain Officers . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.
NEW YORK, Aug. 23, 2016 (GLOBE NEWSWIRE) -- FXCM Inc http://www.fxcm.com/?utm_source=globenewswire&utm_medium=pr&utm_campaign=Class%20Action%20Dismissed-8/23/2016&CMP=SFS-70160000000OcdcAAC . (NYSE:FXCM) (or the "Company"), and certain officers were named defendants in a securities class action lawsuit filed in the United States District Court for the Southern District of New York on May 8, 2015. On August 18, 2016, the District Court granted the Company's motion to dismiss all the claims asserted in the complaint against defendants. The Plaintiffs were given thirty days to file an amended complaint, should they choose to do so.
The full order granting the motion for dismissal can be found on the Company's Investor Relations website here: http://ir.fxcm.com\
About FXCM Inc.
FXCM Inc. http://www.fxcm.com/?utm_source=globenewswire&utm_medium=pr&utm_campaign=Class%20Action%20Dismissed-8/23/2016&CMP=SFS-70160000000OcdcAAC (NYSE:FXCM) is a leading provider of online foreign exchange (FX) trading, CFD trading, spread betting and related services. Our mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market.
Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides free news and market research through DailyFX.com https://www.dailyfx.com/ .
Trading foreign exchange and CFDs on margin carries a high level of risk, which may result in losses that could exceed your deposits, therefore may not be suitable for all investors. Read full disclaimer https://www.fxcm.com/legal/trading-execution-risks/ .
Contacts
Jaclyn Sales, 646-432-2463
Vice-President, Corporate Communications and Investor Relations
jsales@fxcm.com
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FXCM Inc. via Globenewswire
HUG#2036863
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FXCM Inc.
55 Water Street New York USA
Listed: Freiverkehr in Börse Stuttgart,
Freiverkehr in Börse Berlin,
Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
http://www.fxcm.com/ (END) Dow Jones Newswires
August 23, 2016 16:15 ET (20:15 GMT)- - 04 15 PM EDT 08-23-16
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