Gain Capital, the internet-based forex trading platform, has reacted angrily to a $10 million lawsuit filed against it in New York, saying that the claim is baseless and factually inaccurate.
The US network, which transacted over $200 billion in volume in 2002, is accused of defrauding clients and knowingly misleading them about their account performance. The complaint relates to business that Gain handled in association with Sterling Forex, a money manager.
| View graph. | ||||||
The complaint was filed in January by Spencer Rawlins, a former F-14 pilot for the US Navy.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
