|  | | 2012 News and Press Releases | | |
HEADLINE NEWS:
MF Global To Face Joined Customer, Investor Suits
Max Stendahl
Law360 - Securities. April 24, 2012
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EXCERPT: MF Global Inc. commodities customers seeking $1.6 billion that went missing during the broker-dealer’s collapse must consolidate their claims with those of investors in a single multidistrict litigation in New York, a judicial panel ruled Monday. The U.S. Judicial Panel on Multidistrict Litigation said three large putative class actions against MF Global’s top executives — two in New York and one in Illinois — should be packaged together and heard in the Southern District of New York. The suits involve two types of claims: those brought... |
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