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Lutnick, Cantor Hit With Chancery Suit Over BGC Reorg

By Leslie A. Pappas (February 21, 2024, 8:00 PM EST) -- An investor in brokerage and financial tech firm BGC Partners Inc. whose shares were converted when it reorganized in July has filed a proposed class action in Delaware's Court of Chancery against billionaire Howard W. Lutnick and New York financial services firm Cantor Fitzgerald LP, alleging the reorganization was unfair....

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