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Supreme Court Holds Complaint May Reference Language from No Admit Settlement with Regulatory Bodies

The Supreme Court, New York County, denied Defendant’s motion to dismiss holding that a complaint may properly reference language from regulatory bodies that relate to a no admit settlement. Effex Capital, LLC v. Global Brokerage Holdings, LLC F/K/A FXCM Holdings, LLC, Index No. 655646/2019 (Sup. Ct. New York Cnty., April 2022).

Effex Capital, LLC was represented by Joseph N. Paykin.