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GLBR — Global Brokerage News Story

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Brief: Global Brokerage Chief Accounting Officer, CFO to submit resignation

Nov 10 (Reuters) - Global Brokerage Inc  GLBR.O  
    * Global Brokerage-entered in restructuring support 
agreement to 
restructure obligations of co pursuant to plan of reorganization 
to be filed under chapter 11 
    * Global Brokerage - current notes to be exchanged for equal 
amount of new series of senior secured notes due 5 yrs from co's 
emergence from Chapter 11 
    * Global Brokerage - FXCM Group is not involved with the 
Chapter 
11 filing 
    * Global Brokerage Inc - Board of Directors of Global 
Brokerage 
has also decided to reduce its size 
    * Global Brokerage-David Sakhai, Eduard Yusupov to resign 
from 
board; decisions by Sakhai, Yusupov to resign are not result of 
any disagreement with co 
    * Global Brokerage - Margaret Deverell, Chief Accounting 
Officer, 
Robert Lande, Chief Financial Officer to submit their 
resignation to the Board 
 
Source text for Eikon:  ID:nGNE1ZNvxg  
Further company coverage:  GLBR.O  
 
 ((Bangalore.newsroom@thomsonreuters.com;;))

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