FARM BUSINESS NEWS
Judge OKs MF Global Class-Action Suit
Tue Feb 11, 2014 03:18 PM CST

(Dow Jones) -- A federal judge on Tuesday allowed MF Global Holdings Ltd.'s commodity customers to move forward with a class-action lawsuit against former Chief Executive Jon Corzine and other officials, although the judge narrowed the scope of the suit.

While U.S. District Judge Victor Marrero declined the request of Mr. Corzine and others to completely dismiss a lawsuit over MF Global's 2011 collapse, he did dismiss some claims against Mr. Corzine and others and also dismissed all of the customers' claims against PricewaterhouseCoopers LLP, MF Global's former auditor.

Judge Marrero, who has previously compared MF Global's collapse and the ...

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