Judge Dismisses Claim Against Banks From Refco Suit

Law360, New York (May 2, 2007, 12:00 AM EDT) -- A federal judge has dismissed claims against a former Refco Inc. executive and three banks from a class action filed on the heels of Refco's collapse.

In a ruling Monday, Judge Gerald E. Lynch of the U.S. District Court for the Southern District of New York dismissed some of the claims against Credit Suisse Securities LLC, Banc of America Securities LLC and Deutsche Bank Securities, as well as those against former chief financial officer Robert Trosten.

Lynch on Monday also dismissed some claims brought against other...
To view the full article, register now.




Case Information

Case Title

Mazur et al v. Refco, Inc. et al

Case Number



New York Southern

Nature of Suit



Jed S. Rakoff

Date Filed

October 11, 2005

Law Firms


Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.