MARKETS NEWS
Trustee Sues MF Global Execs
Tue Apr 23, 2013 12:45 PM CDT

(Dow Jones) -- The trustee overseeing MF Global Holdings Ltd.'s bankruptcy sued former Chief Executive Jon S. Corzine and two other top executives for their role in the brokerage's collapse.

In the lawsuit, trustee Louis J. Freeh accused Mr. Corzine, the former governor of New Jersey, former Chief Operating Officer Bradley I. Abelow and former Chief Financial Officer Henri J. Steenkamp of breaching their fiduciary duties to the company and being ultimately responsible for its collapse.

Attorneys representing the men couldn't immediately be reached for comment Tuesday morning.

The lawsuit, filed late Monday with the U.S. Bankruptcy Court in Manhattan, ...

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