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IG Markets to defend €25m damages claim

23rd November 2010 7:33 am GMT

IG Markets, one of the UK's leading CFD providers and part of IG Group plc, said Tuesday that it has been served with a claim in the UK High Court in relation to the insolvency of one of its former clients who is seeking to recover damages in excess of €25m.

IG Markets said that it has been served with claim by Echelon Wealth Management Limited which went into liquidation in October 2008.

According to the claim [...]

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