Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of FXCM Inc. Stockholders
January 22 2015 - 7:07PM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of FXCM Inc. (“FXCM” or the “Company”)
(NYSE:FXCM) concerning a potential breach of some regulatory
capital requirements.
FXCM is an online provider of forex trading and related
services. On January 15, 2015, the Company announced that due to
volatility in the Swiss franc after the Swiss National Bank’s
decision to abandon the franc’s cap against the euro, its clients
experienced “significant losses” generating negative client equity
of $225 million.
On news of the potential breach, FXCM shares fell more than 89%,
from a closing price of 14.87 on January, 14, 2015, to $1.60 per
share on January 20, 2015.
If you are a FXCM stockholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email
at bwalker@kmllp.com, or telephone at (212) 699-1145, Melissa
Fortunato, Esq. by email at mfortunato@kmllp.com, or telephone at
(212) 699-1141, or toll free at (888) 529-4787, or by filling out
this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, whistleblower, antitrust and consumer litigation.
For additional information, please go to www.kmllp.com.
Kirby McInerney LLPJ. Brandon Walker, Esq.,
212-699-1145bwalker@kmllp.comorMelissa Fortunato, Esq.,
212-699-1141mfortunato@kmllp.com
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