Refco Shareholders Demand Secret Report

Law360, New York (June 1, 2007, 12:00 AM EDT) -- Shareholders of fallen futures brokerage Refco Inc. have demanded access to a report that summarizes an investigation into the circumstances leading up to the firm's spectacular collapse in 2005.

Attorneys representing the plaintiffs in the consolidated class action securities case pending against Refco filed a motion on Thursday in support of an earlier motion that asked the court to lift the seal on the confidential report.

The report, drafted by former Department of Justice investigator Joshua R. Hochberg, who spearheaded the $2.8 million inquest, was filed...
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