Currenex and LPs move to dismiss class-action lawsuit from US

Defence lawyers say XTX is trying to dodge agreements that it would settle any complaint in UK courts

Southern District Court of New York

Foreign exchange trading platform Currenex and its parent company State Street have requested a New York court to dismiss an amended class-action complaint brought against them, arguing that the court lacks personal jurisdiction and that a UK court is better suited to hear the case.

Currenex, State Street, Goldman Sachs, HC Technologies and up to five unnamed defendants are the target of a lawsuit filed in August last year that alleges fraud, conspiracy, antitrust violations and racketeering

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