Effex Capital suffers heavy blow in NFA defamation lawsuit
Effex Capital cannot reopen a case alleging that the NFA made defamatory statements about their relationship with FXCM.
Effex Capital cannot reopen a case alleging that the NFA made defamatory statements about their relationship with FXCM.
The Court requires additional time to complete its ruling on the pending motion to vacate dismissal in an Effex lawsuit against NFA.
NFA insists that it cannot be sued by Effex directly in federal district court, as ruled by the Seventh Circuit.
The United States National Futures Association (NFA) will have to respond to Effex Capital in a defamation lawsuit by February 9th.
Effex Capital, which was embroiled in FXCM’s exit from the US retail Forex market, seeks to reopen case against NFA.