A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global Holdings Ltd, a brokerage run by former New Jersey …
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 …
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, …
The millions that Jon Corzine amassed as head of Goldman Sachs have become an alluring target for investors who were crushed by the collapse of MF Global, the brokerage firm he led until earlier this month. And Corzine isn’t the …