Prosecutors investigating the collapse of failed commodities brokerage MF Global are close to wrapping up their criminal probe and are unlikely to file criminal charges, a move that could pave the way for regulators to bring civil cases, according to …
Jon Corzine failed to address MF Global Holdings Ltd.’s growing liquidity needs as he tried to build the commodities broker into a global investment powerhouse, helping create the conditions that led to its downfall, a trustee in MF’s bankruptcy said …
The trustee liquidating MF Global’s broker-dealer said he may bring civil lawsuits against some of the company’s employees in connection with a massive shortfall in customer funds created in the days leading up to its collapse. Trustee James Giddens said …
Former MF Global Holdings Ltd. Chief Executive Jon Corzine and other company officials won court permission to tap as much as $30 million of insurance money to defend lawsuits over the futures brokerage’s collapse. Tuesday’s decision by U.S. Bankruptcy Judge …
The U.S. judge overseeing MF Global’s bankruptcy plans a closer review before deciding whether any of an estimated $190 million of insurance coverage for former company executives should instead go to customers. Opponents of the plan to cover former executives, …
Just days after the collapse of MF Global, a healthcare plaintiffs’ lawyer registered the domain mfglobal-lawsuit.com — a sign of the legal business the brokerage’s failure is expected to generate. Timothy Butler of Darien, Connecticut, said he is hoping for …
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