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January 8, 2013
16:52 EDTINTLINTL FCStone says court ruling would result in $4M-$6M pre-tax loss
INTL FCStone announced that it is considering its legal alternatives, including appeal, in response to the judgment rendered by the U.S. District Court, Northern District of Illinois, on January 4 against its subsidiary, FCStone LLC in the matter of Frederick J. Grede vs FCStone, LLC. Unless successfully appealed, the court's ruling would result in a net pre-tax loss to FCStone of between $4M and $6M.
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