Tuesday, April 23, 2013

Reuters: Bankruptcy News: BRIEF-Ex-MF Global CEO Jon Corzine, others sued by trustee

Reuters: Bankruptcy News
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BRIEF-Ex-MF Global CEO Jon Corzine, others sued by trustee
Apr 23rd 2013, 12:33

April 23 | Tue Apr 23, 2013 8:33am EDT

April 23 (Reuters) - MF Global Holdings Ltd : * Jon Corzine, the former MF Global Holdings Ltd CEO, is sued by

company's bankruptcy trustee -- court filing * Corzine is accused of breaching duties, failing to act in good faith ahead of

company's collapse * Lawsuit against corzine by MF Global trustee Louis Freeh Filed in U.S.

bankruptcy court in Manhattan * Lawsuit also names ex-MF Global COO Bradley Abelow, ex-MF Global CFO henri

steenkamp as defendants * Lawsuit says MF Global lost well over $1 billion in value under corzine,

excluding customer fund shortfalls * Lawsuit seeks to recover damages from defendants

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