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JPMorgan, MF Global trustee reach $546M settlement

Published on March 20, 2013 By admin

The following article is brought to you by Reuters found at ChicagoTribune.Com. JPMorgan Chase & Co. has reached a $546 million settlement with the trustee liquidating the failed broker-dealer unit of MF Global Holdings, a court filing showed, an amount that will help repay the brokerage’s customers. As part of a settlement reached with James […]

Montana farmers file class action lawsuit against MF Global

Published on January 10, 2012 By admin

The following is brought to you by Rob Cheney at Missoulian.Com The MF Global financial trading scandal reached Missoula on Monday when a group of Montana farmers filed a class action lawsuit to recover money they claim was stolen from their personal accounts with the New Jersey firm. “When Jon Corzine bet the farm on […]

MF Global Customers Target JP Morgan

Published on December 16, 2011 By admin

The following is brought to you by Emily Lambert at Forbes.Com James Koutoulas, the lawyer and futures trader who is representing MF Global customers in bankruptcy court, has a message for JP Morgan Chase Chief Executive Jamie Dimon: explain yourself. Koutoulas says he’s extending an “open invitation” to the head of the country’s biggest bank […]

Dimon eyes clawback Chase leads block of MF distribution

Published on December 10, 2011 By admin

The following article is brought to you by Kaja Whitehouse at NewYorkPost.Com. Mf Global’s burned commodity customers turned their ire from Jon Corzine to Jamie Dimon yesterday after MF’s creditor committee, led by Dimon’s JPMorgan Chase, objected to a plan to distribute $2.1 billion to customers who have seen their accounts frozen since Halloween. In […]