2nd Circ. Sides With Citi In Forex Traders' Markup Suit
By Matthew Guarnaccia ( January 3, 2019, 4:19 PM EST) -- The Second Circuit on Thursday said a pair of Mexican foreign exchange traders could not revive a lawsuit alleging Citibank took $20 million by illegally marking up their foreign exchange spot orders without their knowledge or consent, saying the men failed to demonstrate the existence of a breach of contract or fraudulent activity....
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