MFG Clients to Receive All Money Owed
Thu Apr 3, 2014 10:49 AM CDT

(Dow Jones) -- Former customers of MF Global Inc. will soon receive all the money owed them after the brokerage collapsed in 2011, a bankruptcy trustee said on Thursday.

Final distributions of customers' claims will begin on Friday and continue for several weeks, said James Giddens, the bankruptcy trustee overseeing the liquidation of the firm, a unit of MF Global Holdings Ltd.

"It gives me great pleasure to say that checks are going in the mail that will make all public customers of MF Global Inc. 100 percent whole, " Mr. Giddens said in a statement. "When MF Global failed ...

Quick View
Related News Stories
Finance Outlook
Taxlink by Andy Biebl