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On September 29, 2017, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery granted in part and denied in part a motion to dismiss derivative claims for breach of fiduciary duty against the board of foreign exchange broker FXCM Inc. ("FXCM"), sustaining two grounds for breach after finding that demand would have been futile.
On September 29, 2017, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery granted in part and denied in part a motion to dismiss derivative claims for breach of fiduciary duty against the board of foreign exchange broker FXCM Inc. ("FXCM"), sustaining two grounds for breach after finding that demand would have been futile.
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The more we can build in house with people like Jennifer leading the way, the less reliant we are on broker provided data,” says senior RLAM equity trader Chris Hughes. Also within this team are Sam Vaughan-Jones and Simon Cuthbert, who joined from Close Brothers in 2015 and Majedie Investments in 2022, respectively.
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