More Than 1,000 Mf Global Workers Let Go

More than 1,000 MF Global workers let go

NEW YORK (Reuters) - The brokerage arm of collapsed futures firm MF Global Holdings Ltd has terminated its 1,066-member workforce, according to the trustee in charge of liquidating its assets.

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  • MF Global Not Amused By PwC’s Threats for a Mistrial
    Yesterday, PwC asked the judge in its court battle with MF Global to prohibit the use of a “new theory of causation” or to declare a mistrial. PwC filed the motion at midnight on Monday, so you can’t blame the plaintiffs if they felt caught off guard.
    03/16/2017 - 6:39 pm | View Link
  • Judge Won’t Shield PricewaterhouseCoopers From MF Global Attack
    PricewaterhouseCoopers LLP can’t block MF Global Holdings Ltd. from arguing that the auditor’s advice caused a crisis of confidence that brought down the brokerage firm in 2011, a federal judge ruled amid an ongoing $3 billion malpractice trial.
    03/15/2017 - 2:06 pm | View Link
  • MF Global Fires Back At PwC's Request For 'Do-Over' Mid-Trial
    Lawyers for MF Global prepared a quick response to PwC’s filing accusing the administrator of the bankrupt company of changing the theory underpinning its $3 billion suit over alleged accounting malpractice: “After watching trial unfold for a full week ...
    03/14/2017 - 2:08 pm | View Link
  • PwC threatens MF Global mistrial; Corzine defends actions
    NEW YORK PricewaterhouseCoopers LLP on Monday said it may seek a mistrial in a $3 billion malpractice case over the collapse of Jon Corzine's MF Global Holdings Ltd, saying it was blindsided when the plaintiff changed its theory of why the brokerage failed.
    03/13/2017 - 7:50 am | View Link
  • PwC "botched" its job, says collapsed MF Global
    It was not a huge bet on European bonds that caused the 2011 demise of Wall Street brokerage firm MF Global, but rather "confusion" created by its accountants about the company's financial condition, former New Jersey Gov. Jon Corzine testified on Thursday.
    03/10/2017 - 4:07 pm | View Link
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  • Jon Corzine
    Jon Corzine; 54th Governor of New Jersey; In office January 17, 2006 – January 19, 2010: Preceded by: Richard Codey: Succeeded by: Chris Christie: United States Senator
    03/14/2017 - 4:38 pm | View Link
  • MF GLOBAL HOLDINGS LTD., et al. Chapter 11 Website
    Welcome to the case administration website for the chapter 11 bankruptcy proceedings of the following MF Global entities: MF Global Holdings Ltd. (Case No. 11-15059 ...
    03/14/2017 - 7:27 am | View Link
  • MF Global
    MF Global, formerly known as Man Financial, was a major global financial derivatives broker, or commodities brokerage firm that went bankrupt in 2011.
    03/14/2017 - 2:41 am | View Link
  • PwC Asks For Mistrial In MF Global Case, Claiming Switch ...
    PwC asks for a mistrial in MF Global case, saying the plaintiffs have shifted their theory of what caused the company's collapse.
    03/13/2017 - 12:15 pm | View Link
  • PwC threatens MF Global mistrial; Corzine defends actions ...
    NEW YORK PricewaterhouseCoopers LLP on Monday said it may seek a mistrial in a $3 billion malpractice case over the collapse of Jon Corzine's MF Global Holdings Ltd ...
    03/13/2017 - 9:44 am | View Link
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