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Broker seeks to recover US$68m from 10 clients

Legal action taken in wake of October's penny stock collapse
Thursday, November 28, 2013 - 06:00

[SINGAPORE] Global broking giant Interactive Brokers has launched the largest legal action so far in the wake of October's penny stock collapse, taking aim at at least 10 clients as it seeks to recover about US$68 million of losses. BT understands that Interactive Brokers launched arbitration

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