Lawsuit Against Global Brokerage to Proceed as Class Action

Source: Finance Magnates 2020-01-09

There’s been another development in the large lawsuit targeting Global Brokerage, Inc. formerly known as FXCM Inc., Dror Niv, and William Ahdout. Namely, the plaintiff’s motion for class certification has been granted.

According to court documents seen by Finance Magnates the Honourable Ronnie Abrams, a United States District Judge, after considering the motion for Class Certification and Appointment of Class Representatives and Class Counsel, has granted the class action on the 6th of January 2020.

Class action against Global Brokerage

The motion, which was also filed on January 6, 2020, was filed with the New York Southern District Court by the lead plaintiffs in the so-called “mega lawsuit” – 683 Capital Partners, LP and Shipco Transport Inc., and an additional named plaintiff Sergey Regukh.

Lawsuit Against Global Brokerage to Proceed as Class Action

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