Judge Denies Attempts To Dismiss Suit Against Corzine – AgainMark Melin
A US District Judge in Manhattan has cleared the way to hold MF Global Holdings Ltd(OTCMKTS:MFGLQ) senior executives responsible for the collapse of the failed derivatives brokerage firm.
MF Global senior executives target of lawsuit
Three MF Global executives named in the suit – former CEO Jon Corzine, COO Bradley Abelow and CFO Henri Steenkamp – had sought to dismiss the case brought by US bankruptcy trustees. The suit charges the leadership team was responsible for the liquidity crisis that brought about the firm’s demise . . .
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