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 ...

Quick View
Related News Stories
Cargill Earnings Fall 28%
MFG Clients to Receive All Money Owed
Woodbury: Farm Family Business
Venture Capitalists Drive Tractors Too
Deere Beats Expectations
Deere Beats Expectations
MBAg by Adam Erwin
CFTC Sues Corzine, MF Global
Bunge Shares Climb Sharply