Securities Suit Remanded To District Court For Consideration Of New Evidence

(August 1, 2017, 7:27 AM EDT) -- NEW YORK — Ruling that a federal district court should first consider new evidence from a pair of enforcement actions against a company, a Second Circuit U.S. Court of Appeals panel on July 27 vacated a shareholder’s appeal and remanded the action to the district court for further review of the new evidence (Retirement Board of the Policemen’s Annuity and Benefit Fund of Chicago v. FXCM Inc., et al., No. 16-3775, 2nd Cir.)....

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