StoneX estimates $20.1M of GAIN Capital’s acquisition consideration remains payable
StoneX Group, the owner of Forex brands such as FOREX.com and City Index, has filed its latest 10-K report with the SEC.
StoneX Group, the owner of Forex brands such as FOREX.com and City Index, has filed its latest 10-K report with the SEC.
GAIN Capital has agreed to voluntarily dismiss the lawsuit against Forex trader Justin LeBlanc, accused of taking advantage of an execution error.
Forex trader Justin LeBlanc says GAIN Capital’s demands for him to return profits of over $700,000 have no merit.
On May 9, 2023, former GAIN Capital CEO Glenn Stevens acquired 3,000 shares in StoneX at an average price of $84.1766 per share.
OANDA asks the Court to compel GAIN Capital to produce data related to the accused products from its JIRA system.
GAIN seeks to recover ill-gotten trading proceeds of $712,135.90 that the trader obtained by wrongfully exploiting an order execution error.
StoneX saw operating revenues derived from FX/CFD contracts decline 32% to $48.8 million in the three months to December 31, 2022.
According to OANDA, GAIN has consistently resisted OANDA’s efforts to obtain critical technical documents.
GAIN moves to preclude OANDA from relying on any theories of infringement that have
not been disclosed in OANDA’s July 20, 2021 Infringement Contentions.
The National Futures Association (NFA) has ordered GAIN Capital Group LLC to pay a $700,000 fine.