Corzine, Former MF Global Execs Can't Escape Trustee Suit

Law360, Los Angeles (March 24, 2014, 8:17 PM EDT) -- A New York federal judge on Monday refused to toss a lawsuit brought against ex-MF Global Holdings Ltd. CEO Jon Corzine and two other former executives for allegedly sinking the company through a dodgy trading strategy, saying the complaint shows the defendants acted in bad faith.

In September, MF Global litigation trustee Nader Tavakoli filed a two-count amended complaint accusing Corzine and others of masterminding a scheme to inflate MF Global's stock price through the trading strategy that ultimately caused the company's downfall.

The amended suit,...
To view the full article, register now.




Case Information

Case Title

Deangelis v. Corzine et al

Case Number



New York Southern

Nature of Suit



Victor Marrero

Date Filed

November 3, 2011

Law Firms


Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.