MF Global Trustee To Cooperate In MDL Against Corzine - 8/15/2012

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2012 News and Press Releases

News News 2012


HEADLINE NEWS:

MF Global Trustee To Cooperate In MDL Against Corzine
Brian Mahoney

Law360 - Securities. August 15, 2012

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EXCERPT: The trustee charged with liquidating MF Global Inc. told a New York bankruptcy judge that he would cooperate with plaintiffs in a slew of class actions accusing firm executives, including former CEO Jon Corzine, of negligently causing more than $1 billion in firm losses. If approved, the special cooperation agreement means that MFGI trustee James Giddens will share evidence with a slew of customers and former commodities account holders at MFGI who have brought putative class action claims accusing firm executives of negligently allowing the firm...

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