... bei einer solchen Zocker-Bude wie der FxCM Inc. kaum niemals je die Rede sein, schon bei ihrem IPO ging doch Alles drunter und drüber...
About the Lawsuit:
"FXCM, its Board of Directors at the time of the IPO, and the Underwriters involved in the Offering (including Credit Suisse Securities (USA) LLC (“Credit Suisse”), Citigroup Global Markets Inc. (“Citi”) and J.P. Morgan Securities LLC (“J.P. Morgan”), are each charged with including or allowing the inclusion of materially false and misleading statements in the Registration Statement and Prospectus (collectively, “Prospectus”) issued in connection with the IPO, in direct violation of the Securities Act of 1933.
Specifically, Defendants each failed to conduct an adequate due diligence investigation into the Company prior to the IPO, and they also each failed to reveal, at the time the IPO closed that the Company was not proceeding according to plan, that FXCM’s growth and trading volume had slowed or weakened by the time of the IPO, which would make it impossible for FXCM to achieve its projected results sponsored and/or endorsed by Defendants prior to and at the time of the IPO. Moreover, Defendants failed to disclose the true nature of its operations.
It was only on February 8, 2011 that the truth about FXCM began to be revealed. On that day, a complaint was filed in the Southern District of New York, alleging inter alia violations of the Racketeer Influenced and Corrupt Organizations Act (“RICO”)"...
Kahn Swick & Foti, LLC ("KSF") and KSF partner, Former Attorney General of Louisiana, Charles C. Foti, Jr., announce the commencemen
Thread abonnieren
