Glancy Binkow & Goldberg LLP Announces Class Action Lawsuit on Behalf of
Investors of INTL FCStone, Inc.
LOS ANGELES -- February 4, 2014
Glancy Binkow & Goldberg LLP announces that a class action lawsuit has been
filed in the United States District Court for the Southern District of New
York on behalf of a class (the “Class”) comprising all purchasers of the
securities of INTL FCStone,Inc. (“INTL FCStone” or the “Company”)
(NASDAQ:INTL) between February 17, 2010 and December 16, 2013, inclusive (the
A COPY OF THE COMPLAINT IS AVAILABLE FROM THE COURT OR FROM GLANCY BINKOW &
GOLDBERG LLP. PLEASE CONTACT US TOLL-FREE AT (888) 773-9224, OR AT (212)
682-5340, OR BY EMAIL TO SHAREHOLDERS@GLANCYLAW.COM TO DISCUSS THIS MATTER. IF
YOU INQUIRE BY EMAIL PLEASE INCLUDE YOUR MAILING ADDRESS, TELEPHONE NUMBER AND
NUMBER OF SHARES PURCHASED.
INTL FCStone was created through the merger of International Assets Holding
Corporation and FCStone Group, Inc., in 2009, as a financial services holding
company offering financial services including execution and advisory services
in commodities, currencies and international securities to customers
worldwide. The Complaint alleges that throughout the Class Period the Company
and certain of its executive officers issued a series of material
misstatements or failed to disclose material facts concerning INTL FCStone’s
business, operations and prospects, including, among other things:
*critical integration issues with the 2009 merger, including with respect
to financial reporting for the Company’s Commodity and Risk Management
*overstated revenues in trading gains of up to $10.2 million, causing an
overstatement of net income by approximately $6.4 million; and
*a lack of adequate internal and financial controls.
If you are a member of the Class described above, you may move the Court no
later than March 14, 2014, to serve as lead plaintiff; however, you must meet
certain legal requirements. If you wish to learn more about this action or
have any questions concerning this announcement or your rights or interests
with respect to these matters, please contact Michael Goldberg, Esquire, of
Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles,
California 90067, Toll Free at (888) 773-9224, or contact Gregory Linkh,
Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd Street, Suite 2920,
New York, New York 10168, at (212) 682-5340, by e-mail to
firstname.lastname@example.org, or visit our website at http://www.glancylaw.com.
If you inquire by email please include your mailing address, telephone number
and number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Glancy Binkow & Goldberg LLP, Los Angeles, CA
Glancy Binkow & Goldberg LLP, New York, NY
(212) 682-5340 or (888) 773-9224
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