MF Trustee Calls for Litigation in U.K. to Recover $700 Million
Stock Chart for MF Global Holdings Ltd (MFGLQ)
The MF Global trustee called for litigation in the U.K. to recover about $700 million of customer property, according to an e-mailed statement.
There is a dispute as to whether the customer property that is the subject of the trustee’s client claim was or should have been segregated under English law, according to the statement.
To contact the editor responsible for this story: Greg Chang at firstname.lastname@example.org
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.