The motion for summary judgment by Global Brokerage, Inc.(formerly known as FXCM Inc), Dror Niv, and William Ahdout, was denied.
Global Brokerage Inc, formerly known as FXCM Inc, Drew Niv and William Ahdout seek to defend their motion for summary judgment.
Given the length and complexity of the motion for summary judgment by FXCM Inc, investors seek additional time to respond.
What started as a copycat action, parroting the CFTC’s and NFA’s allegations of FXCM’s regulatory violations, has reached a dead end.
Global Brokerage, Inc. f/k/a FXCM Inc, Dror Niv, and William Ahdout intend to file a motion for summary judgment in a lawsuit brought by investors.
Global Brokerage, Inc f/k/a FXCM, Inc and investors suing the broker will not be objecting to recommendations on class certification.
Judge Barbara Moses recommends that only a part of the proposed class suing FXCM Inc be certified.