Giambrone to Represent more than 200 Clients in Class Action against EMG Finanzas Forex

More than 200 clients have already instructed the Forex Department at Giambrone to represent them in a class action against Evolution Marketing Group (Finanzas Forex), who have been operating an international Ponzi/Pyramid scheme, defrauding investors for millions of dollars.

Giambrone will handle all access requests to  “Remission," the process that will return funds to defrauded investors.

Orders of forfeiture for a total value of $138 million have been entered by the United States District Court for the Middle District of Florida. Assets have already been seized by the Federal Authority due to the involvement of Finanzas Forex in a Ponzi scheme perpetrated against clients.

Giambrone is working closely with the Security Exchange Commission (SEC) and the Reimbursement Process Manager, who has provided Giambrone with all the required petition forms to submit refund requests to the American authorities.

The deadline for refund requests submission has been set for 14 July 2016.

Close collaboration with the American authorities in the past has allowed Giambrone to successfully retrieve more than $10 million in clients’ lost investments in the previous TIRN case, where victims of this scam reached out to Giambrone forex lawyers, seeking their assistance in the recovery of losses.

Giambrone has a dedicated team of specialist foreign exchange (forex) litigation lawyers specialising in assisting clients across the globe and is at the cutting edge of litigation involving benchmark fixing and manipulation and has significant experience of developing and bringing forex litigation claims against banks, forex brokers and financial institutions.

If you think you have been scammed by Finanzas Forex, please contact us on +39 02 829 50 644 or email us at forex@giambronelaw.com to find out if you are eligible for a refund.