Investor Sues MF Global Execs For Alleged Deception

Law360, New York (November 3, 2011, 7:42 PM EDT) -- An MF Global Holdings Ltd. shareholder on Thursday filed the first of what is expected to be many investor class actions against the bankrupt broker-dealer's executives, saying CEO Jon Corzine and others deceived investors about the company's financial stability.

The suit, brought by investor Joseph DeAngelis, names MF Global Chief Financial Officer Henri J. Steenkamp, Chief Operating Officer Bradley I. Abelow and Chief Risk Officer Michael G. Stockman as co-defendants with Corzine. The putative class includes all those who bought MF Global stock between May 20...
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