Thieler Law Corp advises investors with losses exceeding $100,000 of the July 7, 2015 lead plaintiff deadline in a class action lawsuit filed against FXCM Inc (NYSE: FXCM) (“FXCM” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased FXCM securities between June 11, 2013 and January 20, 2015, have until July 7, 2015 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased FXCM securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 866-6157 or emailing mail@thielerlaw.com.  No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that FXCM's agency model of FX trading did not insulate it from financial risk from its heavily leveraged clients and did not disclose the true potential risk posted by market volatility.  In addition the complaint claims FXCM did not maintain sufficient regularly capital reserves for unforeseen scenarios.

On January 16, 2015, FXCM announced that Leucadia National Corporation would provide a loan of $300 million in cash to allow FXCM to meet its regulatory-capital requirements and avoid possible bankruptcy.

After the release of this news, trading of shares of FXCM was halted and when trading resumed the share price had dropped significantly.

If you were negatively impacted by your investment in FXCM securities between June 11, 2013 and January 20, 2015 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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