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Online trading company named in shareholder class action suit

By LocalLabs News Service
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NEW YORK (Legal Newsline) – An online trading company is being sued over misleading investors about the strength of the business.

International Union of Operating Engineers filed the lawsuit in U.S. District Court for the Southern District of New York against FXCM Inc., claiming the company and its executives made false financial statements to investors.

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Class-Action Lawsuits Law