We trust our banks and investment firms with our financial survival but too many times they violate that trust in favor of their own bottom-line. Zigler Law Group attorneys have fought the most complex financial schemes.
Axiom Investment Advisors v. Barclays Bank
This nationwide class alleged that instead of executing currency orders placed by Barclays’ customers as they were received, Barclays delayed execution of matched trades for several hundred milliseconds. If the trade would be unfavorable, Barclays reneged on the agreed price and either rejected the trade or filled the order at a worse price. The matter settled for $50 million.