ITG Can't Duck Fraud Suit Over 'Project Omega' Trading
By Jon Hill ( April 27, 2017, 8:23 PM EDT) -- A New York federal judge declined Wednesday to free Investment Technology Group Inc. from a proposed shareholder class action accusing it of hiding a proprietary trading platform that led to a record $20.3 million fine, ruling that some of the financial services firm's past statements about its business model and practices were more than puffery....
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