TP ICAP Sues Former Deal Partner Over Disclosure Failures

By Richard Crump (December 17, 2018, 11:01 PM GMT) -- Interdealer broker giant TP ICAP has sued Nex Group Ltd. in London, claiming the trading company failed to disclose risks of litigation linked to its employee income insurance plan when negotiating the £1.3 billion ($1.6 billion) deal for Nex's voice broker group. ...

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