Suit alleges fraudulent strategy by defunct forex trading platform

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By Nathan Hale (September 29, 2021, 9:03 p.m. EDT) – More than 350 investors filed a putative class action lawsuit in Florida federal court on Wednesday, seeking to recover more than $ 50 million in damages in connection with it. which they called a global fraud scheme carried out through the RoFx.net currency trading platform, which apparently ceased operations earlier this month.

The lawsuit was brought by five US investors who have attached letters from hundreds of additional investors in 10 countries who they say have contacted Holland & Knight LLP and are supporting the formation of a group with partner Warren E. Gluck in as class counsel. They say the program is currently under investigation by the …

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