Shareholder Class Action Filed Against FXCM Inc.

Notice is hereby given that a class action lawsuit has been filed on behalf of those who purchased or otherwise acquired shares of FXCM Inc. (Nasdaq: FXCM) (“FXCM” or “the Company”) between June 11, 2013 and January 20, 2015, inclusive (the “Class Period”).   

FXCM Inc.  investors may receive additional information about the case by clicking the link "Join this Class Action" above.           

According to the complaint FXCM provides online  foreign exchange  (FX) trading and  related services  to retail and institutional customers  worldwide.  The company  acts as an  agent between retail  customers  and a  collection  of global  banks  and  financial institutions by  making  foreign currency  markets  for customers  trading  in foreign  exchange  spot  markets.   FXCM  provides  its  customers  access  to over-the-counter FX markets through its proprietary technology platform.

The  complaint  alleges  that  the company  issued  materially  false  and/or misleading statements  regarding  the  company’s business  operations  and  the strength of its financial  prospects, while concealing significant  weaknesses concerning its core business.  According to the complaint, the truth was that: (1) the company's agency model did not insulate the company from financial risk from its heavily leveraged clients; (2) the company did not disclose the  true potential risk posed by  market volatility; (3) the  company did not  maintain sufficient regulatory  capital  reserves;  and  (4)  the  defendants  positive statements about  the  company’s  business, operations,  and  growth  lacked  a reasonable basis.

If you are a member of the class described above, you may no later than July 7, 2015, move the Court to serve as lead plaintiff of the class, if you so choose.

A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation.  In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class.  Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. Any member of the purported class may move the court to serve as a lead plaintiff through counsel of their choice, or may choose to do nothing and remain an inactive class member.

Kessler Topaz Meltzer & Check, LLP has not filed a complaint in this matter. If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP.


Kessler Topaz Meltzer & Check, LLP
James Maro, Esq.
Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087
1-888-299-7706 (toll free) or 1-610-667-7706

Please list your purchase and sale transaction(s) in the FXCM Inc. security that is subject of this action during the Class Period (between June 11, 2013 and January 20, 2015):

Information Sheet
* Denotes required field
Date Aquired
Number of Shares Acquired
Acquisition Price Per Share
Date Sold
Number of Shares Sold
Selling Price Per Share
Did you purchase shares of FXCM Inc. prior to the class period?
Are you a current or former employee of FXCM Inc.?
The submission of this form does not create an attorney-client relationship, nor an obligation on the part of Kessler Topaz or you to file a lead plaintiff motion in this matter. Any information you submit will be maintained as confidential. If Kessler Topaz, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Kessler Topaz will contact you to discuss the matter and whether to establish an attorney client relationship. By signing this form you are authorizing us to contact you regarding this case and/or future cases.
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