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Funds win retrial of forex trading fraud suit on appeal

Funds win retrial of forex trading fraud suit on appeal
Published on: 12 August 2019
Published by: Law360
  • Funds win retrial of forex trading fraud suit on appeal

Article summary

Law 360, London: An appellate court revived a fraud suit brought by two investment funds accusing foreign-exchange firm Ikon Finance of participating in a fictitious currency-trading scheme, ruling that a retrial is ‘the only just recourse’ given the lower judge’s failure to explain why he dismissed the suit. or take a trial to read the full analysis.

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