MF Global creditors News

Most Litigation Over Corzine’s Failed MF Global Settled with $132M Deal

Jon Corzine has settled a lawsuit by the trustee for the former New Jersey governor’s company MF Global Holdings Ltd, as part of a $132 million accord to end much of the remaining litigation over the brokerage’s 2011 collapse. Lawyers …

Corzine, Ex-MF Global Officials Agree to Settle Investor Lawsuit for $64.5M

Jon Corzine and other former MF Global Holdings Ltd officials have reached a $64.5 million settlement of litigation brought by investors seeking to hold them liable for the now-defunct futures brokerage’s 2011 bankruptcy. The preliminary all-cash settlement with Corzine, who …

Judge: Ex-MF Global Execs Can Tap More Insurance Funds to Defend Lawsuits

Jon Corzine and other former insiders of collapsed brokerage MF Global can tap another $10 million of insurance funds to defend lawsuits accusing them of hastening the firm’s downfall, a U.S judge said on Monday. Judge Martin Glenn granted the …