Press release from GlobeNewswire (a Nasdaq OMX company)
INTL FCStone Inc. Updates on FCStone Class Action Lawsuit
Tuesday, April 09, 2013
INTL FCStone Inc. Updates on FCStone Class Action Lawsuit11:32 EDT Tuesday, April 09, 2013
NEW YORK, April 9, 2013 (GLOBE NEWSWIRE) -- As previously disclosed, in May 2012 the parties to FCStone's class action lawsuit reached an agreement in principle to settle the matter subject to court approval. The court has now set a hearing for July 16, 2013 to review this matter. If approved by the court, the proposed settlement, after considering insurance, would be at no cost to INTL FCStone.
For further information regarding this settlement, you may read the settlement documents at www.gilardi.com/fcstone and you may contact a representative of Plaintiffs' Lead Counsel: Rick Nelson, c/o Shareholder Relations, Robbins Geller Rudman & Dowd LLP, 655 West Broadway, Suite 1900, San Diego, CA 92101 Telephone: 800/449-4900
Please do not contact the Court or FCStone directly.
About INTL FCStone Inc.
INTL FCStone Inc. (INTL) provides execution and advisory services in commodities, currencies and international securities. INTL's businesses, which include the commodities advisory and transaction execution firm FCStone Group, serve more than 20,000 commercial customers in more than 100 countries through a network of offices in twelve countries around the world.
Further information on INTL is available at www.intlfcstone.com.
Forward Looking Statements
This press release includes forward-looking statements including statements regarding the combined company. All statements other than statements of current or historical fact contained in this press release are forward-looking statements. The words "believe," "expect," "anticipate," "should," "plan," "will," "may," "could," "intend," "estimate," "predict," "potential," "continue" or the negative of these terms and similar expressions, as they relate to INTL FCStone Inc., are intended to identify forward-looking statements.
These forward-looking statements are largely based on current expectations and projections about future events and financial trends that may affect the financial condition, results of operations, business strategy and financial needs of the company. They can be affected by inaccurate assumptions, including the risks, uncertainties and assumptions described in the filings made by INTL FCStone Inc. with the Securities and Exchange Commission. In light of these risks, uncertainties and assumptions, the forward-looking statements in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. When you consider these forward-looking statements, you should keep in mind these risk factors and other cautionary statements in this press release.
These forward-looking statements speak only as of the date of this press release. INTL FCStone Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements.
CONTACT: INTL FCStone Inc. Kent Coughlin Director of Public Relations +1-615-969-8221 email@example.com