Rochelle: MF Global Trustee Report Bodes Poorly For Customers

more+
less-

June 8 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia talks with Bloomberg News bankruptcy columnist and editor-at-large Bill Rochelle about a recent report released by James Giddens, trustee in the MF Global bankruptcy case, and how it will impact customers ability to recover $1.6 billion in missing funds. According to the report, customers may have valid claims to pursue management for negligence, but not for fraud.

Embed Video

Copy

Published In: Bankruptcy Updates, Criminal Law Updates, Finance & Banking Updates, Securities Law Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Bloomberg Law | Attorney Advertising

×

Expand Your Reach

JD Supra gets your content noticed, increases your visibility and makes your marketing efforts hassle free...

Learn More  or  Schedule a demo