The affidavits of service of complaints against the broker were filed on May 23, 2017.
Mr Niv has agreed to forego payment of the 2016 Individual Objective Portion of the 2017 Annual Bonus.
Judge Ronnie Abrams has found that the case Murrah v. Forex Capital Markets LLC et al is not related to the other four combined cases.
FXCM Group provides some numbers on the deal announced earlier today.
Lucid Markets LLP has two designated members left.
Mr Sakhai will remain COO until May 31, 2018, whereas Mr Yusupov will continue to be Global Head of Dealing.
FXCM lawyers ask Court to cut off investor motion for amendments to complaint.
FXCM UK has received full explanation from FXCM Group’s general counsel over settlements with US regulators.
FXCM says it cannot advertise on the DailyFX website or benefit from leads.
FXCM has been planning to dispose of non-core institutional business entities since Q1 2015.
The number of planned layoffs rises to 170, or 22% of global workforce.
Global Brokerage (FXCM Inc) warns of default possibility due to potential NASDAQ delisting in 6 months
The event of default due to possible delisting adds to going concern issues.
Mr Niv bids goodbye to FXCM.
Mr Callan has been Interim CEO since February 21, 2017.
The deadline for defendants’ answers is August 3, 2017.
The market value of the brokerage’s shares is insufficient.
Hedge fund 683 Capital Partners said to have biggest financial stake in the case.
Out of 47,000 accounts transferred, those actively trading in Q1 were about 13,000.