March 14, 2014
A New York federal judge on Friday signed off on a bankruptcy court settlement to provide former MF Global Inc. commodities customers with a 100 percent recovery of the funds they saw disappear when the brokerage collapsed two years ago.
March 11, 2014
A New York federal judge on Tuesday refused to revisit his February decision tossing breach of fiduciary duty claims from a class action against bankrupt MF Global Inc.'s former top brass, ruling again that the plaintiffs had waived those claims.
February 11, 2014
A New York federal judge on Tuesday dismissed some claims from a customer class action alleging Jon Corzine, the former CEO of now bankrupt MF Global Inc. and others lied about a $1.6 billion shortfall in customer funds, finding that a private plaintiff can't sue a financial institution employee for Commodity Exchange Act violations.
February 10, 2014
Jon Corzine and other former MF Global Inc. executives urged a New York federal court on Friday to block the firm's liquidation trustee from taking on class action claims surrounding money commodity customers lost in its collapse, arguing there is no legal basis for such a maneuver.
January 30, 2014
A former self-regulatory agency for MF Global Inc. has agreed to a $14.5 million settlement that will allow it to exit a proposed class action alleging it played a role in the brokerage's descent into bankruptcy and accruance of a $1.6 billion shortfall in customer funds.
January 21, 2014
A New York federal judge on Friday refused to toss a U.S. Commodity Futures Trading Commission suit targeting former MF Global Inc. CEO Jon Corzine and Assistant Treasurer Edith O'Brien for their roles in mishandling $1 billion in customer funds, finding their motion to dismiss the case was premature.
November 12, 2013
A New York federal judge on Tuesday refused to toss a proposed class action alleging officers of the bankrupt broker-dealer MF Global lied to investors about the company's financial stability —including a $1.6 billion shortfall in customer funds — writing in a strongly worded order that the firm couldn't possibly be blameless.
October 29, 2013
Bankrupt MF Global Holdings Inc.'s customers challenged PricewaterhouseCoopers' attempt to toss a proposed class action in New York federal court on Monday, in a case claiming the auditing firm failed to identify the brokerage's alleged scheme to deceive investors about its financial stability.
March 20, 2013
JPMorgan Chase Bank NA agreed to a deal that will free up over $546 million to be distributed to former U.S. customers of MF Global Inc., resolving all outstanding issues between the bank and the collapsed broker dealer.
January 17, 2013
Jon S. Corzine and fellow executives of MF Global Holdings Ltd., along with its former auditor PricewaterhouseCoopers LLP, asked a New York federal judge Wednesday to scuttle a putative class action against them, saying it lacks the facts to support its allegations of wrongdoing.