New York, NY (Law Firm Newswire) July 25, 2017 -
Zamansky LLC announces that it is investigating OANDA Corp. (“OANDA”) on behalf of its foreign exchange trading customers.
OANDA is one of the largest online foreign exchange trading platforms in the United States. It offers anyone the ability to trade foreign exchange (“Forex”) contracts which usually trade among banks and large institutions in the major interbank system.
For years, OANDA has advertised that it allegedly offers “low spreads,” “competitive spreads” and “transparent” pricing with no hidden fees. As a result of its advertising, OANDA has become one the largest online Forex trading platforms and processes an average of $10 billion of Forex trades daily. The investigation concerns whether OANDA’s alleged pricing and spreads charged to its customers were truthfully and accurately represented in its sales and marketing materials.
What OANDA Customers Can Do
If you are or were an OANDA Forex trading customer and believe that you may have been charged a spread that was too high or charged any hidden “interest” fees, please contact our firm for an evaluation of your rights. You can contact Jake Zamansky by telephone at (212) 742-1414 or by email at [email protected]
About Zamansky LLC
Zamansky LLC is a leading stock law firm specializing in securities fraud, ERISA and employment class actions. We are investment fraud attorneys who represent both individual and institutional investors. Our practice is nationally recognized for our ability to aggressively prosecute cases and recover investment losses.
To learn more about Zamansky LLC, please visit our website, http://www.zamansky.com
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