The Wagner Firm announces that it is investigating the board of directors of FXCM, Inc. ("FXCM" or the "Company") (NYSE:FXCM) concerning possible violations of federal securities laws. The investigation is focused on certain statements issued by FXCM concerning the Company's operations, finances and future prospects. FXCM provides online foreign exchange trading and related services to retail and institutional customers worldwide. The investigation is related to the Company's January 15, 2015 announcement that its clients experienced "significant losses" as a result of volatility in the Swiss franc following the Swiss National Bank's decision to abandon the franc's cap against the euro, resulting in negative client equity of approximately $225 million and, as a result, FXCM "may have been in breach of some regulatory capital requirements." Following this news, shares of FXCM declined more than 87%, to a closing price of $1.60 per share on January 20, 2015, on volume of more than 93 million shares traded. If you purchased FXCM shares prior to January 19, 2015, and wish to learn more about this investigation, please contact Avi Wagner, Esquire, of The Wagner Firm, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, at (310) 491-7949, by e-mail at firstname.lastname@example.org, or visit our website at http://thewagnerfirm.com. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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