NEW YORK, Aug. 23, 2016 (GLOBE NEWSWIRE) -- FXCM Inc. (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. (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.
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.