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MF Global trustee may sue Corzine, others over collapse: judge

Mar 25, 2014 - Reuters Hedgeworld (New York)
Bankruptcy

NEW YORK (Reuters) - Jon Corzine, the former MF Global Holdings Ltd. chief executive, and two former colleagues failed to win the dismissal of a lawsuit by a trustee seeking to hold them responsible for the futures brokerage's rapid demise and bankruptcy.

U.S. District Judge Victor Marrero in Manhattan said on Monday [March 24] the trustee may pursue damages over claims that Corzine, former chief operating officer Bradley Abelow and former chief financial officer Henri Steenkamp breached t...