Grant Thornton Targets Equity Firm In Refco MDL

Law360, New York (February 18, 2011, 6:15 PM EST) -- Grant Thornton LLP has jumped into a multidistrict securities litigation against Refco Inc. as a third-party plaintiff, seeking to hold Thomas H. Lee Partners LP and a number of affiliates responsible for substantially assisting the massive Refco fraud.

Grant Thornton's third-party complaint against THL, filed in the U.S. District Court for the Southern District of New York on Wednesday, arises from the company's position as a defendant itself in the MDL for its role as Refco's auditor.

In October 2009, Refco private actions trustee Marc Kirschner...
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Case Information

Case Title

In Re: Refco Securities Litigation


Case Number

1:07-md-01902

Court

New York Southern

Nature of Suit

Securities/Commodities

Judge

Jed S. Rakoff

Date Filed

December 28, 2007

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