Attention INTL FCStone Inc. Investors: INTL FCStone Misled Investors According to a Newly Filed Class Action

SAN DIEGO and NEW YORK, Jan. 16, 2014

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INTL FCStone Accused of Misstating Financial Results

According to the complaint, shares of INTL FCStone fell $3.97 per share, to close at $22.54 per share on February 9, 2012, following a conference call in which INTL FCStone disclosed that company revenues were $20 million lower than the same period for the prior year due to various critical issues such as slowing revenue streams and falling volume in the commodities market. INTL FCStone shares fell approximately 8% more, or $1.62 per share, to close at $18.93 per share on December 17, 2013, following the disclosure that the company would be unable to file its Form 10-K for the fiscal year ended September 30, 2013, as it was reviewing whether the company would need to restate its financial results for its 2011, 2012, and 2013 fiscal years due to an overstatement of trading gains in the reconciliation of FCStone Markets. Further, the company estimated that the restatement would reduce previously reported trading gains by up to $10.2 million and consolidated net income by approximately $6.4 million. 

The complaint alleges that INTL FCStone made false and misleading statements including that: (i) critical integration issues existed with the company's acquisitions, including financial reporting for its Commodity and Risk Management unit; (ii) the company overstated revenues in trading gains and; (iii) the company lacked adequate internal and financial controls.

INTL FCStone Shareholders Are Encouraged to Contact Shareholder Rights Law Firm Robbins Arroyo

If you invested in INTL FCStone and would like to discuss your shareholder rights, please contact attorney Darnell R. Donahue at (800) 350-6003, DDonahue@robbinsarroyo.com, or via the information form on the firm's shareholder rights blog: www.robbinsarroyo.com/shareholders-rights-blog/intl-fcstone-inc